RE:ATHIt is possible. The hindrance is the 800m in debt. If it were a bit less I would say for sure.
They are now taking about 80M CAD per quarter off their debt so it looks like to me in 6m TVE will be close to 6000m in debt and I think they will declare 70% Buyback and Dividend then. 80% when they get to 500M. But the costs are down and the output is up and therefore the margin is better.
So as that happens TVE should reach 5.50 to 6.00 bucks.
USA next week.
China recovery.
OPEC and NON OPEC.