Prognosis -- 2023 End and 2024 H11. WCS DIFF starts to tighten. December to February period.
2. OPEC Conclusion to meeting paves the way for a 10 dollar swing -- it will be upwards as they are already at the bottom of their bandwidth 80 to 100.
3. Any skirmish, outage or economic upswing -- China attacking their real estate issue of late as an example.
ATH will be chipping away each quarter as they do. Also some additional notes ATH has two additional installations coming onstream in December 2023.
2024 outlook is good as the ATB Orourke fellow stated yesterday.
1. ATH Costs are coming down at LEISMER -- He said that is a great asset.
2. He mentioned reserves are significant for ATH -- ATH is a target he said.
3. He mentioned that Corner is an asset.
** ATH has the option to sell Corner outright or develop Corner in a JV.
** I can see them selling Harringstone for 350M to 400M CAD and using this money on LEISMER.
The best is about to happen for ATH in 2024.
Remember if yiou hold shares in ATH you own a firm who followed the EN Playbook of Return of Capital at 75%. You own an entrepreneurial firm who is transforming the business.
ML