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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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Message: Re: Presentation Question

Jun 17, 2008 05:48PM

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Jun 19, 2008 12:49AM

Jun 19, 2008 03:06AM

I have the chart here.Some thoughts about this on sp.

We don't have to expect net revenue until end 2010.

All cash they generate is needed to fund their projects .By 2011 is started to rise because they have enough production to meet the needed cash .

So how can we then see a significant grow in sp from now till 2011.

Jurek said the market will value CLL based on their cashflow generated by pod 1 and some conventional.

These chart I think counts only for POD 1 and includes nothing from MRC,LUKe etc..



I would like to see a chart only with with projections of cash coming in from pod 1 based on future wti prices.

These charts here gives us either a picture that all generated cash from now + the current available not used credit will be spent during coming 2 years .

So looking to these charts is not a great view to predict a steady rise in sp .After 2010 things look bright.Or is it not important to look that way to this chart but rather look only to the cash coming in from the ramping up and further on in coming months.

So how wil big investors interpret these charts or I'm I missing something?


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