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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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Message: As we spiral lower--

Spiderman, I noticed that you mentioned that the interest costs are not being covered.---Why do you not think that CLL isn't making enough net to cover the interest costs?----If you look at the statement from the 1'st quarter financials, DG mentioned that the net from pod 1 was 10 million in the month of March, while the average production was 5100 bpd.---The average interest paid out for the entire loan would be approximately 5 million per month.--That's assumming that they haven't invested in short term loans, which I believe that they have done.---If their production averaged about 7500 bpd, then that would give them 15 million per month net from pod 1 alone, excluding conventional production, and the refinery profits, and with bitumin having increased in value the past couple of months, I don't see the interest being any kind of a problem.---Am I missing something or did I misinterpret your post?----CHEERS!!!

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