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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: Chart view

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Sep 29, 2009 04:56PM

"Our remaining cash balances and future cash flow, including production from both Pod One and Algar and funds from our conventional and refining operations, would then be available to service debt and to partially fund our growth expenditures during the 2011-2015 period, as we move towards achievement of our goal of surpassing 50,000 bbl/d of bitumen production in 2015."

What's to understand Management is saying that going forward funds will be available from operations ,this will lessen cash amounts from other sources,costs are on the way down profitability is going up this is what volume is indicating ,in otherwords ACCUMULATE,more than a few other investors realize this,time to stop second guessing management ,time to decide which side of the fence is wher you want to be,average down and profit earlier,dont miss out and have to say "what if"


Sep 29, 2009 09:35PM
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Sep 29, 2009 11:37PM
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