TSX:HSE.PR.B - Post by User
Post by
RagingBull3on Oct 05, 2020 7:47pm
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Post# 31670230
As for Cash Flow..... I'm expecting Husky to still burn
As for Cash Flow..... I'm expecting Husky to still burn through a lot of CASH for Q3. It's not going to be Pretty even with the ~$1.25B financing.
I think $450M CapEx is/was planned for Q3.
Expecting Cash Flow from Asian Operations to be Great but North America is doing sooooo Bad.....It's not going to be Pretty.
Should cut all CapEx in North America to the bone. Cut more expenses. Refinance more debt at lower rates and longer maturities......... The cost of the Preferred have dropped. Drop the cost of their debt by refinancing them at lower rates........ Hope to hear such in Q3.
Q4 looking better, planned CapEx significantly less and Liuhua 29-1 coming online.
I think the Superior Refinery work still a longs ways from being done. What a drag. Not to mention WWR.
Too many irons in the fire at the same time. Right move to put WWR on hold.