WCS and ATH Price Model for 2023 Cash Flow TargetATH states $85.00 USD WTI with a $17.50 USD Differential.
We are at $77.67 USD WTI this morning and we have a $15.41 USD Differential.
Therefore $2.09 USD plus $77.67 = $79.76 USD or $5.24 USD Difference.
With the CAD$ it makes up for some of that $5.24 I would think.
So we are almost in the sweet spot area for cash flow.
Six months of this and we have 20 to 25M shares going bye bye....
Debt being serviced. Debt being repaid possibly down to $150M by October 2023.
All of this means a $4.00 stock price is on the HORIZON...
ML