RE:Arc disciplined strategy a big positiveDisciplined thats a joke, the diciplined strategy has had management suggest attachie is a project to reduce risk, proposing a project with 700 million in capex, and is a death march in the lite of the recent supreme court ruling and ongoing negociations with the Province of BC and the Treaty 8 nations, what a joke.
Pouring full cycle capex into the play areas they now call Dawson, which has significantly inferior economics to Kakwa, and will not return a dime for many years in the future.
The lump together (Sunrise, Tower, Spetimus, Parkland, Sundownn, Pouce Coupe) all together these play produce about half of what Kakwa produces, and this is not a single resouce with consistent economics.
I think management wants to fund Attachie with kakwa because none of their other projects would ever of been able to fund in on their own.
Dawnson should not get another dime until its CF for boe is at least 75% of Kakwa, that will never happen so the entire play area would be shut down.
Pet Projects, management is pursuing pet projects and not projects that will provide share holders returns.
IMHO