GREY:ZARFF - Post by User
Comment by
pablo87on Mar 16, 2019 5:29pm
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Post# 29496484
RE:RE:RE:RE:Annual Report - Tomorrow
RE:RE:RE:RE:Annual Report - TomorrowOther than a transaction, the value and ultimately the share price driver is WCS and WTI. The costs are pretty well fixed (we'll be lucky if ops + sga + capex comes in under $7M for Q1) (CEO is not a cost cutter apparently), so are volumes, royalties, # of days in a quarter... If WCS was C$65 and WTI US$60, we'd be banking C$2M a qtr give or take.
They update the stock price real time but actually what we need is daily (better yet cumlative for the quarter) WCS, WTI and AECO.
Also, if a transaction doest happen soon, they need to do a reverse 10:1.