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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 > 2.4 billion in high value tax losses
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Post by MrICE on Nov 06, 2021 1:18pm

2.4 billion in high value tax losses

No one is talking about what Eric said for the value of the tax losses we have. @ .20 on the dollar it's worth 500 million to the right buyer. or in Eric's words" Acquirer ". 

give this high oil price time to percolate for hey few months and we might get taken out. The math would look very good to a big guy that is needing a cash cow that they can double down with some big tax savings. 

staying long

Comment by OilManiac on Nov 06, 2021 2:42pm
You, good sir, are looking at this correct.
Comment by Tijana20 on Nov 06, 2021 5:05pm
Thanks for bringing this up :) Hoping we can get much closer to $2 before anyone tries to take us out :) Just imagine if oil does go north of $100 and stays there....the FCF will be beyond insane!!!
Comment by MarkG1963 on Nov 06, 2021 5:32pm
If Q3 averaged $68 WTI and we done outstanding; And if WTI averages $80 WTI for Q4 then I'd expect an easy $2.00
Comment by ManitobaCanuck on Nov 06, 2021 5:48pm
And if Oil stays above 70$ for 5-7 years which is how long Oil bull cycles last ,then expect atleast 10$ a stock. Hence have alomost 50k of this stashed in my TFSA +RRSP 
Comment by CandyC on Nov 06, 2021 6:15pm
more a lot soon if oil goes and stays above $100 for 3-5 years which many expect
Comment by MrICE on Nov 08, 2021 9:56am
This tax loss credit we havin the bank is Hugh. The more I dig into it the more I get excited about the potential.