Hi Martin,

You posted:

Jurek posted recently that bitumen was currently bringing about $60 per barrel. In Connacher's latest presentation they indicate that the cost to produce a barrel of bitumen was about $22.00 a barrel including operating costs, natural gas costs and royalties. So if we use $38.00 a barrel we can get an estimate of what the current Great Divide production is worth. $38 x 14000 x 365 = $194,180,000 or about $16,181,666 per month.

If you would check my previous posts or CLL official Reports you could find that CLL TOTAL Cost of producing the 1 barrel of bitumen is well above $50/bbl in this Pre-Payout Royalty Regime and it will move well above $60/bbl in less then couple of years when the Royalty will jump from 6% to 30%.

I wish you were right but your calculation are based on the wrong assumption which let you in to the wrong target prices.

Anyway, wouldn`t it be nice to have a share price based on the shareholders voting numbers. Based on the popularity of your target price CLL would open on Monday at $2.5/sh.Why not? Majority should have a final say.