Re: Underperforming
in response to
by
posted on
Jun 25, 2008 01:57PM
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
Spiderman
One year of lost production would be huge. At $70 per barrel bitumen this would amount to 255 million dollars in lost revenue, but it doesn't stop there, it would probably also delay their future pods as well and the lost revenue would be compounded. The thing that has impressed me most with Connacher is that they have met all their construction deadlines and have stayed on course. This will eventually lead to a very profitable company and an outstanding share price.
Martin