So, I have a practical question about businesses pulling out of Russia.
I get not investing new money in Russia. But taking Calfrac as an example - it isn't like Russia is going to let them take their pumps and equipment out of the country. So it seems like from a practical point of view their choices are:
1) stop operating in Russia, forfeit the equipment, and the Russian state operates it instead keeping the money
2) continue operating the equipment and Calfrac keeps the money.
Either way the equipment is operating with the existing Russian crews. I'm not sure I'm in favour of Canadian companies donating their assets to Putin's regime.
If there was a way to get the assets out OR if the Russians couldn't operate the equipment then my opinion changes, but I doubt either of those are true.
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