RE:Reducing the Risk for ShareholdersMyHoneyPot wrote: Reducing risk for the shareholders, does not represet spending 600 million dollars on Attachie.
The only risk that sanctioning Attachie does, is reduce of the risk of ever having a meaningful dividend, or an endingless Capex commitment to a project that will not return a dime for 10 years’ time.
That’s is how Attachie, reduces risk for shareholders. It is better to pay down debt to zero than to pursue attachie, because it will not make money in our lifetime.
By the way crew has been working on that project for ever and sitting on the ledge of bankruptcy the entire time. Do not buy crew either, another bottomless pit for capital.
IMHO
Myhoneypot, you are funny. You are extremly good at understanding a business (I wish I had your skill and knowledge). I am extremly good at identifying a good investment. CR is up almost 300% ytd.