Agoracom: Small Cap Investment - Connacher Oil and Gas - Re: Predicting the Future/Break Even

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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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Shi Ming Sen

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Re: Predicting the Future/Break Even - B-Jay

in response to

Re: Predicting the Future/Break Even - B-Jay

jurek

posted on Oct 21, 2010 12:05PM

Hi Jurek -

A question regarding future beak even popint of CLL - have you taken into account the possibilities of refinancing the debt? I note that the present notes are at 11%, which to me seem a bit high. If replacement financing at 5% - 7% could be found, wouldn't this have a beneficient impact?