RE:RE:RE:What's it worth in 3 years? Good evening GP,
it it would seem they would have some $$ in the bank from the last few years of production as well yes? .. Add thst to future revenue and I think it's close .. Some want to sharpen their pencil on this and try and find a projection that has a few numbers behind it?
I think production through the plant is pretty constant .. Not sure why you would say it is variable? .. And the companies producing are motivated to keep the plant full with the new gas price of $US7.50/Mcf. Ever Mcf of old gas replaced with new gas through the plant give the producer about a $3.00 bump strait to the bottom line. Can't I,aging them letting thst $$ slip through their fingers.
Buy backs at this price would also enhance the per share value in years to come.
My my only fear is thst there is in fact a deal in the works at some bargain basement price (South of $US2.00). It would explain why RJ has not been buying at this level. I would not be inclined to vote for anything under $US1.50 .. Thet would get us close to $2.00 Canadian.
Cheers!
Doc.