Athabasca Oil Corp T.ATH

One Year Ago EN Predicted 5.27 a share -- check on bnn

[MLEWICKIMBA]

1  He spoke of paying down the debt and then moving to return capital to shareholders re: 75%.

2. Oil price the last 6 months didn't help but Ath navigated that period quite well.

5 27 is a reasonable figure.  Ath will be buying back shares from now to November 1, 2023 to make that happen.

Our risk is oil prices but it seems as if we are either stable at 83.00 WTI or we are moving higher as some predict.

I see Marban is $88.48.  The UAE benchmark is a good indicator.

[josherau]

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[Dibah420]

EN was also  "aspirational" about $100 WTI for a decade.

[MLEWICKIMBA]

Maybe so.  But I would takec100 ENs any day of the week.   Some projections show Brent over 100 in early January 2024. It's going to be interesting to see the market cap of Ath in early November after their earnings release and update on all measurements. Cheers.

[Dibah420]

A 100 ENs any day of the week.  Wow!   Maybe at the AT&T Stadium in Arlington, TX.  Even there, in the home of Da Cowboys, it could be tough going. Cheers.

[JrOGInvestor]

Yup, I just rewatched that clip. Very inspiring. Don't misunderstand me, I'm pro ATH all the way, but also take it with a grain of salt. That was a year ago, also thinking oil would stay above or at 100 dollar oil which would have been crazy awesome - he also factored in the tax pools at 'roughtly' .44 cents a share. This is purely a 'guideline' for any possible suitors to