Crew will be a $20+ stock this cycle.Very clear now. Firm Macro, Woodfibre Prime Contractor getting mobilized to break ground in 2023, Gas prices soaring, LNG/Nat Gas cleaner than other fossil fuels, Coal to Gas switching..
Once the bond is packaged up and termed out for 6-8 years, Crew could just harvest FCF at these prices and buy back 25%, possibly 50% of their shares in a year they're that cheap still.
.. or be acquired, in the $8-12 range as we've all discussed previously.
~TGC.