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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: Meeting today Esch

Aug 13, 2008 04:11PM
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Aug 13, 2008 07:29PM

Aug 13, 2008 07:34PM

Aug 13, 2008 10:43PM
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Aug 13, 2008 11:49PM

Aug 14, 2008 01:45AM

Aug 14, 2008 04:43AM

Aug 14, 2008 04:52AM

Aug 14, 2008 04:55AM

Aug 14, 2008 04:57AM

Aug 14, 2008 06:06AM

Yeah a div. from around 4 would be great but then considering they pay 5% div. this means we must have an sp of around 80 .Therefore we need at least 8 $ /share eps.DG has told before the possibillity of paying a div.I think he mentioned that he could stay that long at the company to achieve that.Indeed if this happens in time you're right most of us if we stay in this company would have our shares for free.

You said that you think many will take their gains once the sp is in double digit numbers but why should we leave if future looks brighter the more POD's they have on line.In fact it makes no sence because at current point the company has more risk IMO then later in time when they have more output.

I would see once Algar is running they would focus on more output with same installations instead of building once again a totally new plant.

I see it that way.The more plants you have you need more personnal ,more administration etc so higher operation cost.If they file for more like they have in mind for a POD1A and an upgrade for Algar then cost on personnal will almost be the same .

Just don't know how much the NG use will go up.

If we look to current # one of their biggest cost was the ratio.To many output with use of gas.

PS one good board I'm daily looking is this.They made a Connacher space.More discussions then on the Netherlands board.

http://tinyurl.com/65loty

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Aug 14, 2008 01:43PM

Aug 15, 2008 06:54AM
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Aug 17, 2008 11:57AM
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