Post by
u4eah on Jul 26, 2024 7:03am
> " MEG " just became " GEM " <
> Great Quarter, and it's likely to keep getting even better when you add it all up ...
- Long - long - long life SAGD thermal assets
- Steadily increasing production profile
- 100 % of $ free-cash-flow $ returns to investors in ~ Q3
- TMX pipeline access = $ better-bitumen-pricing $
- Increasing US refiners reliance on heavy Canadian oil .. given the ongoing Venezuelan debacle,
and steady Mexican heavy oil depletions
- And now the-icing-on-the-cake ... " initiation of a modest Divy " ( likely to increase over time )
attracting a whole new set of investors to the name
> Conclusion ... " MEG " (my largest oilsands holding) just became " GEM "
Nice job to Darlene & Team