It's amazing, the World's hungry for fossil fuels without sufficient any near term alternatives in sight!?
ATS is making money & may just achieve their aims of opening up their reserves! The price of fossil fuels appears to have a fairly solid floor under them!?
While many may be shaken by the market movements, I suspect the fossil fuel sector to ride a Tsunami of favourable conditions!
Just 12 mths ago, many thought fossil fuels had had their day (short-term idealism reigned!) - an orederly transition (science backed) to ESG fuels is required, then Russia played its hand & WOW! Fossil Fuels are back in favour!!! - the problem in recent years is "Under-investment in the sector", this places those in production in "The Right Place @ The Right Time!"
Is ATS about to rise from it's ASHES???
$100 Oil by year end?, page-446
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Mkt cap ! $11.60M | |||
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