Debt and financial charges
in response to
by
posted on
May 13, 2010 09:24AM
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
I'm not sure that the SP will go above 3 $... I will never pay that price for Connacher
We'll have to pay an additional 48 millions for financial charges each year (debt interest) when Algar will goes in production. (now it's capitalized capitalized). That represent 4500 barrel/day of Algar production...
Now i still don't know how we can make money...