RE:RE:RE:Nuttall Is DREAMING In TECHNICOLOR With His 10% S/O NCIB !!!I think Husky's refining margins were terrible pre merger because they had to source expensive heavy oil from 3rd parties. With CVE, their refining margins have increased substantially with an unlimited supply of cheap feed stock. I think this is completely missed by the markets. This will benefit CVE in the long run.
As for Asian assets, it's a cash money printing operation and they are drilling more in Asia in Q4 and 2022 to prove up more reserves. There is lots of gas reserves in their Asian portfolio. If someone wants to buy it, they better have deep pockets. A couple billion dollars won't even get Pourbaix to answer the phone. Gas prices are soaring and this asset is increasing in value along with it.
There is so much hidden value in CVE it's mind boggling.