Bullboard - Stock Discussion Forum Athabasca Oil Corp T.ATH

Alternate Symbol(s): ATHOF

Energy Oil & Gas E&P

Athabasca Oil Corporation (AOC) is a Canadian energy company with a focused strategy on the development of thermal and light oil assets. AOC’s segments include Light Oil and Thermal Oil. The Thermal Oil segment includes the Company’s assets, liabilities and operating results for the exploration, development and production of bitumen from sand and carbonate rock formations located in the... see more

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TSX:ATH - Post Discussion

Athabasca Oil Corp > WCS Approaches 70 bucks USD

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Post by MLEWICKIMBA on Mar 19, 2024 8:59am

WCS Approaches 70 bucks USD

ATH real value is 6 bucks today!

Debt should be retired next 180 days
Shares bought back at similar rate
Cash accumulated +400m by Q3 plus credit lines.

ATH could approach 45 to 50% of funds both cash and credit lines for every dollar of sales by EOY 2024.

ML

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Comment by OLIVIER1951 on Mar 19, 2024 9:10am

TARGET 8 ESCE TROP

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Comment by drixneon on Mar 19, 2024 9:20am

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Comment by gerboli1 on Mar 19, 2024 10:18am

Where did they say that they would be retiring the debt over the next 180 days? I only remember them stating they wanted to get to a certain debt target (I think it was 170 million or something and they acheived that awhile ago). Maybe I am wrong, but I thought I read on one of their reports (few months to a year ago) that they could only pay off so much debt per year? Are you just ...more

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Athabasca Oil Corp