RE:RE:Buyout potential scenario?Because even if oil goes down but their netbacks increase because they've reduced net break even costs with their refrac program then if they net more per barrel of oil then their operating income will increase.
I can't figure out why Nutty Ninepoint keep on pumping out useless, meaningless projections based on projections like fcf and wti or fcf and differential between wti and wcs. It's crazy! The differential could go to zero but if my break even costs go way up then my operating income is gonna approach zero.
But hey, keep on going by ninepoint nutty's silly graphs. Bte is doing a lot better than wti or differential would suggest. Where is ninepoint nutty on info on the break even costs on the refracs for example?????? Bet lots of people are buying up bte shares right now at a very steep discount as dumbasses sell because they've been brainwashed into making investment decisions based on correlstions useless between fcf and wti or fcf and differential. Lmfao!