Athabasca Oil Corp T.ATH

Next OPEC meeting may erase gains...

[DukesMtl]

Waiting for after OPEC meeting in March to pick up shares at a lower SP.

[senseimike]

By March 3rd this stock is around  .60 So IF the share price takes a hit.... might be down 10% and you are still out of the money. Saudis will continue to exercise "caution" in March. They drop the extra 1M production cut as planned in April.  And what makes you think American's don't want higher prices ? The Russians get their production quota increases as do the rest

[Mtklip]

Are they locking in these high prices for the year? Anybody know what the strategy would be?

[senseimike]

They have alot of options at this point. Buyback of  stock and debt are certainly options. What would you do with 150M in the bank and 250M of newly minted  cashflow ? I might be tempted to wait and see.

[Mtklip]

I'd let them make me a lot of money.

[fellowship]

Strategy right now needs to be about cash flow and revenue in order to secure cheapest refinance. Debt is still cheap so we might get a surprise before yearend. 

[Chris007]

The quicker the better...yields have been ticking up quite rapidly since the end of January due to inflation expectations. Powell's Congressional testimony and his emphasis that the fed intends to keep rates low and that inflation is under control, seems to have put a lid on the rise in yields, atleast temporarily, which has calmed the market. However, the sooner the debt can be rolled, the

[fellowship]

Indeed my friend Chris, the sooner the better. It is the reason I have not triggered my last buy in the stock just yet.  I think Tesla soon will buy ATH shares. lol

[Chris007]

Tesla should definitely buy us out with some of that crypto money... lol...Pay for ATH in dogecoin Why not, right? if you had the ability to move markets and make money just by tweeting...definitely strange times we're living in