It's an interesting time for the company imo. They have been going on about the oilsands for 2 years and how this was going to be the flag in the ground that we have arrived as a company. To miss it is a pretty big miss which justifys the selling over the last 6 months down over 50%.
Imagine management is also pretty disappointed about this but it will be good to see the reaction and how they deal with it. Have we hit our peak and will grind down lower for years. Will we simply plod along with small contracts breaking even or will we see them dig deep and prove Syncrude wrong. Only time will tell but it's going to be an interesting story to watch.
Now that boarders are down and COVID is no longer an excuse let's see what they can do before the end of this FY. Should be a very telling yearly report.
Ann: 2022 Half Year Results, page-5
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