Thanks for an educated reply Jurek.
Its seems tough to get a discussion going, board members seem focused on the 1 or 2 things they like or dislike and stay away from new thoughts from different directions. Remember guys it was only meant to open a new discussion.
I did an estimate of removing MRC and PDP, but 2V still wanted to throw that in.
I think we have already seen $5-$8 less in WTI because of $US strengthening. I also don't think Algar revenue is priced in but Algar debt is.
Lets assume $70 WTI, .94 CDn to US dollar. and production like I stated, Algar built on time and not over or under budget, commisioning and steaming as forecast and production as hoped for.
Do we see an uptick of about 75 cents when production comes on, maybe because of per flowing barrel or maybe because of increased cash which lowers risk of ability to service the debt and adds credibility to management
