Athabasca Oil Corp T.ATH

$219,300,000 Debt Remaining USD

[MLEWICKIMBA]

Remember when it was $450M and there was one prediction ATH was going to 0.01 Cents....

DEBT -- $219,300,000 -- $175,000.000 = $44,300.000 over 5 months. 

God bless all oil and gas investors.

[cahclick]

My opinion is ATH share price would explode if debt was $0 The FCF lost in H1 due to hedges should keep Management solely focussed on debt destruction. So that means no M&A, no buybacks, and no dividends. Just get rid of that blood-sucking debt. The sooner ATH can get out of the Bank's pocket the better.  ATH has decades and decades of reserves. Once they are debt free they can

[ManitobaCanuck]

Slown and steady....    They are paying 9.5% interest on that debt . Once they cut out the debt it reduces sustaining capital by 35million a year.  I guess they will be taken out soon at 4-5$ a stock .