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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: Re: New Member
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May 30, 2009 10:43AM
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May 30, 2009 12:24PM
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May 30, 2009 12:37PM

May 30, 2009 01:51PM
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May 30, 2009 02:02PM

May 30, 2009 03:04PM
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May 30, 2009 06:15PM

Hi Dodon,

Let assume we weaather the strom as DG is fond of saying and end of 2010 cll is producing 24,000boe/d both oil sands , and conventional, how do you arrive at 15$ sp? I think if this happens we can expect no more thant 7$ in sp. Our debt is huge 800 million and we will see more dilution as the convertible dibuntures become common shares. THey should have raised the money when the share was 4 and would have raised about 400 million that would have halfed our debt and they should have produced more sweet oil to weather the strom

The debt scares the hell out of me, if oil goes down for a prolonged time.

I have brought from 1 to 5 and ihave averaged 3.8 and never traded it. But now i have no faith, too big debt.

would be good if you shed light on the 15 per share if we wather the the strom.

Now even it is hardered for us to be taken ober cus we are very expensive and our resources barly 1bil barrels.

am worried


May 31, 2009 04:43PM
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Jun 01, 2009 05:17AM
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