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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: technicals CLL and PDP

Jun 08, 2009 07:52AM
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Jun 08, 2009 08:00AM

Jun 08, 2009 12:00PM

Jun 08, 2009 12:01PM

Jun 08, 2009 02:17PM

Jun 08, 2009 03:00PM

At least for me, I think everyone's waiting to see if we get debt financing and move forward with Algar. The mood here seems to somewhat portend disappointment with further debt, but contrarily I see positives in that case and would consider further investment. And with further debt and progression with Algar, I would feel even more confident with our future.

IMO if further (reasonable) financing arrangements aren't forthcoming, we would be adversely impacted. But all this of course is based on my vague understanding of earnings and principal/interest payments coming due in a few years, and also of course on a reasonable profit on the bitumen (and other operations).

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Jun 09, 2009 01:22AM
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