TSX:TECK.A - Post by User
Comment by
clamlinguineon Feb 25, 2020 10:36am
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Post# 30730509
RE:No conspiracy theories needed
RE:No conspiracy theories neededToadyToadman wrote:
Without a sustained price at or above $95/barrel Frontair is not profitable
Where did this wild 95 dollar break even number come from. I heard this yesterday from lightweight Tara on BNN yesterday. How about a quote on this from the company. Maybe it's there but that would be a shocker for me. I'd say a longterm price of 60 dollars is also very low. A simple regression line would say $80. Fracking only supplies light oil.