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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: Finance

Any finance experts on board here. JMHO but I would think we should halt further expansion and work on not only paying down some debt but to get into position to redo the current debt terms. Not sure what exactly it would take to get the debt refi at better rates and save a boatload on interest payments each month. I would focus on this, max current production and get balance sheet in better shape, in turn the SP will raise and then if we have to issue more shares we get more bang for the buck, or if we go debt route we get better terms.

Happy Holidays all,

Rex


Nov 24, 2010 10:47AM

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