Athabasca Oil Corp T.ATH

ATH 100 year oil Reserves !!!!!

[WONDER1STOCK]

Rember your not buying oil but shares in ATH that is profitable at 70.00 dollar oil. Yes ATH is profitable at 70.00 dollar oil but will be profitable at a lot less than 70.00 dollars when they pay down that massive debt come October. So if you think oil will fall less than 70.00 then maybe ATH is not for you but if you think oil will remain 70.00 plus then maybe ATH is a good stock for your portfolio.glta

[MLEWICKIMBA]

1. First of all remaining debt to be able to move to share buy backs is only $43.75M USD and i suspect most gone by October 22. 2. Remaining debt of $175M USD isnt payable until 2026 and has 9.785 interest payable each year - semi annually. 3. Sales of more than 1 Billion USD each year approximately means very small leveage and carrying costs in 2023 until 2026 less than 2% of sales. Tiny! This