don't you know??, page-5

  1. 709 Posts.
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    Basil,

    Cpl has a crappy price and being shorted for a few reasons:
    1) crap coal price
    2) not yet fully funded
    3) approvals from reg authority pending
    4) target time line to production slipping.

    1 will improve over time
    2 will come once approvals sorted
    3 pending - likely given no interveners
    4 will be confirmed post 1, 2, &3 sorted

    Investors will come back in when de-risked... Taggart contract awarded subject to aer approvals...so hopefully no money down for the construction..

    Don't think forge collapse has much to do with cpl ( though whoever is shorting stock to put a low ball bid in may make some noise about forge and cpl

    Sad to hear about fge - but we have our own issues on the cpl forum :).

    Good luck - above all IMO
 
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