quoted from fool.com atpg forum:
"Nice recap.
I agree with not meeting the dates being annoying, the truth is though a year from now it won't make any difference if it was Sep 25 or Oct 5.
Nobody talks about the T Paul stock sales from January anymore and that was big news all of 8 months ago.
The important news is that there really isn't much between them and getting the Titan up to full capacity. The two re-entry wells seem to be fairly easy to get permit approved.
What I like is that there isn't $500 million of spending between them and a production ramp any more. The big spending for Telemark is done, so they just need to poke holes and get immediate rewards. The infrastructure is now all for both Gomez and Telemark.
Cheviot looks to be a different animal in terms of how they develop it. Chinese carry the infrastructure cost until it can be rolled directly into an SPV. Also a partner to alleviate the balance sheet stress of development will be smart.
While I'm tired of sitting around with a $12 stock price, they really seem in much better shape than they were from Sep 09 to Mar 10 when the stock price was ranging from $16 to $23. "
Basically, atpg has went trough a tough time doing a big project, think about 2009 dark times. now it is almost harvest time while stock price is low, isn't it a perfect combination.
"Nice recap.
I agree with not meeting the dates being annoying, the truth is though a year from now it won't make any difference if it was Sep 25 or Oct 5.
Nobody talks about the T Paul stock sales from January anymore and that was big news all of 8 months ago.
The important news is that there really isn't much between them and getting the Titan up to full capacity. The two re-entry wells seem to be fairly easy to get permit approved.
What I like is that there isn't $500 million of spending between them and a production ramp any more. The big spending for Telemark is done, so they just need to poke holes and get immediate rewards. The infrastructure is now all for both Gomez and Telemark.
Cheviot looks to be a different animal in terms of how they develop it. Chinese carry the infrastructure cost until it can be rolled directly into an SPV. Also a partner to alleviate the balance sheet stress of development will be smart.
While I'm tired of sitting around with a $12 stock price, they really seem in much better shape than they were from Sep 09 to Mar 10 when the stock price was ranging from $16 to $23. "
Basically, atpg has went trough a tough time doing a big project, think about 2009 dark times. now it is almost harvest time while stock price is low, isn't it a perfect combination.
选择“Disable on www.wenxuecity.com”
选择“don't run on pages on this domain”
