Maybe something for Jurek or Spidey to check this.Is that correct?

I read that on the other board.

Q3 looks brighter and Q4 will look better yet, but overall, it looks to me like 2010 will be a money losing year(there is a 22 million loss up to sept 30). Management is trying to lighten up on debt (proposed sale of Battrum and nat gas) but these sales have their own set of risks. 2011 should be a profitable year but something always seems to go wrong ( the Enbridge pipeline break cost CLL 6 million and with a mear 8 million profit there isn't any wiggle room) so I am not holding my breath. I think the share price is on the low side as they claim to have $1,717,000 in assets. take away the debt of 867 million and you get 850 million net assets which divided by 450 million shares gives a share price of nearly $1.90/share. Of course this does not take into account the future cash generating ability of the assets