ATH New Deals Could Come in the Next 12M -- IMO1. They eluded to doing something with their Corner Assets which has approval for 40,000 BPD. I expect either a JV or a outright sale. Would be a game changer if they did a Murphy Oil style deal with a partner like that. An outright sale probably catches 300M USD. I prefer the sale.
2. They could sell off light oil division and use that money to expand current Thermal operations to 40,000 BPD. Again probably worth 400M USD.
Ath will be positioned to be a 5,00 stock in a years time.
It takes time to build an ATM Machine.
ML