Post by
MLEWICKIMBA on Nov 03, 2023 12:05pm
Margins -- 5 bucks a day x 24K plus and then 28k plus bpd
https://www.oilsandsmagazine.com/news/2023/11/2/athabasca-reports-a-new-record-for-leismer
5 x 28.5k = 142,500 everyday or,
$52M CAD per year which means a base inflow of cash for buybacks.
ATH will start to run again soon and then really run,
As,
1. Maintenance in the USA is over -- 4 to 6 weeks max
2. TMX line fill and operations begin -- 12 to 14 weeks
3. Leismer further developed -- 6 to 8 months
One of the best run firms in North America
ML
Comment by
OGInvest0r on Nov 03, 2023 12:16pm
Agreed ML. Thanks for your upbeat posts. They really help on weeks and months like this.