Algar and SP increase

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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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spiderman8

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Algar and SP increase

posted on Apr 07, 2010 11:22AM

My take on this:

1) They will be on time

2) They will be $25 million under budget

3) They will use about $15 million and buy back debt at a discount and with a stronger CDN $ will get $20 million of debt back.

4) $10 million cash keep for cushion

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