OTCQX:NTTHF - Post by User
Comment by
SpenceW15on Apr 30, 2020 10:18am
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Post# 30970914
RE:RE:RE:RE:RE:RE:RE:Q4 . 30 April
RE:RE:RE:RE:RE:RE:RE:Q4 . 30 April What did you mean by this comment? Some producer can opeprate in any climate assuming opex is low enough.... getting the capex is a different story entirley. Low cost producers will remain and continue to expand operations (see ORC). Supply will dwindle as new projects fail to start-up and high opex producers shut-down operations, eventually some go bankrupt.
There will be a lot of pressure on governemnts to reduce 3 trillion a year subsides on fossil fuels as encomanies look to rebuild themselevs during and post-covid.
Full disclosure I own NEO (sp:1:20).