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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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4th quarter
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spiderman8
Feb 08, 2011 11:14AM
Interest Capital

Glindway
Feb 08, 2011 12:05PM

Good point. It will be in Q4/2010 when the Algar achieved commerciality.

Until Q4/2010 they were reporting only $13 million of interest charges per quarter.

Now they will start to report the actual interest they pay on their debt which is $25.5 millions per quarter or $102 millions per year based on the Q3/2010 numbers. This will lower the earnings by about 3 cents per share.

Re: Interest Capital

spiderman8
Feb 08, 2011 04:51PM
Icon president Re: Interest Capital

jurek
Feb 08, 2011 05:48PM
Re: Interest Capital

spiderman8
Feb 08, 2011 06:00PM
Icon president Re: Interest Capital

jurek
Feb 09, 2011 02:03AM
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