Athabasca Oil Corp T.ATH

Re We Are Not Far From...

[WONDER1STOCK]

!st quarter results I think in about 3 weeks and with oil holding I can see a major increase in profits and lower debt. On 1st quarter profits I think we will see share price rising to the 3.00 area if oil stays around 90 or 100. If Russia uses chemical weapons and they may have today we may see the European Union stop all oil imports driving oil prices to 150. per barrel. I prey Russia doesn't use chemical weapons and that the killings of innocent peoples in Ukrain will stop.

[Oil2018]

Well said good post. The innocent people always get hurt most. Ditto hope war ends

[Maxmoe]

On a positive note, the recent tax hike on corporate profits provides a small uptick in the value of ATH's tax losses. The higher the tax rate, the more it's worth. Every 1% increase in the tax rate on 1$ Billion of losses is worth $10 million. Not much compared to $1 increase in WTI, but it's free money from an otherwise unpleasant event. 

[Maxmoe]

Here's a pleasant reminder of where we are before q1 comes out LIQUIDITY AND BALANCE SHEET               Cash and cash equivalents   $ 223,056   $ 165,201   Restricted cash  

[Maxmoe]

Let the good times roll. This target should be hit this quarter   "Upon achieving a US$175MM debt target the Company intends to direct a portion of free cash flow to its shareholders."