Re: Treatment of Interest Expense

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Connacher is a growing exploration, development and production company with a focus on producing bitumen and expanding its in-situ oil sands projects located near Fort McMurray, Alberta

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Cornergas

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Re: Treatment of Interest Expense

in response to

Re: Treatment of Interest Expense

spiderman8

posted on Mar 05, 2008 07:09AM

True - it is being spent. My point is that it won't impact the operating cash flow to the full extent of 60 MM / year until sometime in 2010. And since operating cashflow is the primary determinant of share price, the share price will not be penalized for the full extent of the loan interest until 2 years hence.

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