DEN
"Rebels I wish you were correct and the picture was more rosy but Jurek has been consistently right for the most part on all subjects he has so far discussed so I am reluctant to go out on a limb and doubt him on this"
REALLY ?
Juerk:
Feb 05
"Simply put the ALGAR construction is not going forward because there is no credit or cash available."
Connacher Oil and Gas Feb Investor presentation just released--slide 14
http://www.connacheroil.com/document...
•
Regulatory approval received Nov 2008•Suspended construction Dec 2008•Review in Q2 for reactivation •Budgeted cost of $345 million (prior to contingencies)•Additional $14 million to defer construction•Fully financed by cash and established bank credit•
Improves Pod One design allowing for future expansionPlant t
Still think he's consistently right?
This presentation mirrors the E-Mail I received from DG
