Re: PDP emulates its older sister CLL and is destined to fail Dondon
posted on
Mar 27, 2010 07:59AM
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
None of us are happy with the mistakes mgt has made. End goal is still the same, get production up enough to spread fixed cost out (ie lower cost per) and improve cashflow to the point where CLL can fund future growth and pay down debt with internal cash. PDP I have written off same as Spidey.
Rex