Post by
MyHoneyPot on Mar 24, 2021 12:08pm
Arc will add Management Value
Excess Transportation, VII generation has had excess transportation and excess plant capacity for years, my guess is ARC will figure out how to turn that excess to something that contributes to the balance sheet.
It seems to me strange when Alberta had a terrible gas market that that spare capacity was not worth more and monetized, especially with all the gas plants in place. The marketing group has been on my radar screen for a number of years.
The bank interest chopping it in half, will be a great savings.
ARX+VII GEN 1.25 BCF of processing capacity.
45 Million reduction in corporate costs, that is not chicken feed.
In my opinion, the merger will provide some fiscal disipline that simply did not exist before, and my guess is that ARC will put the money where the best returns are and optimize the business enviroment.
I guess shareholders have given up on the empty promises of VII Generations management.
IMHO