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Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s):  ATHOF

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

TSX:ATH - Post Discussion

Athabasca Oil Corp > Refinancing should be addressed today
View:
Post by bosstrade on Jul 28, 2021 12:56pm

Refinancing should be addressed today

Refinancing is the only thing holding the stock down. Will be interesting to see what has transpired.
Comment by SmartmoneyZ on Jul 28, 2021 12:58pm
If they announce a refi on todays call i'll be thrilled!
Comment by churchofnutsacc on Jul 28, 2021 1:33pm
Do people think the refinance is completed and management is waiting for release of fincnials to announce it as some sort of surpirse? Refinance would be a material change and would have to be announced upon complettion. So, I'm not exptecting refinance news today uness they complete it this afternoon.
Comment by Chris007 on Jul 28, 2021 1:41pm
Obviously if its done, they would have to announce it, as it is a material event, as you point out. That being said, hopefully we learn more about what the hell management is doing in regard to the refinance, other than the fact that its "coming soon"...well no shi t, LOL, the notes are due in about 6 months, regardless
Comment by ManitobaCanuck on Jul 28, 2021 1:45pm
I hope they dont surprise us with a takeover/merger offer at 2$ a stock. ROFL
Comment by churchofnutsacc on Jul 28, 2021 1:47pm
In addition to refinance update, I'd like to know what their plans for all this cash they are sitting down. Personally, I want every last cent going to debt payment.
Comment by elducky on Jul 28, 2021 6:19pm
$2 is too high a premium, not likely to ever happen, but I'd gladly take it. While $2 is low longer term, I think $2 is not bad today, compared to other oil companies that are also cheap. At $70 oil ATH really should be more like $5, but the whole sector 'should' be worth more. I'd gladly take $2 and redeploy the profits into other cheap stuff. However I'd be very annoyed with ...more  
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