In other Bear Head news, MacLean pointed to renewed interest in the Bear Head project from western based natural gas producers, noting things are going along “very well” when it comes to securing a natural gas supply for the project.
“We hope that we’ll be in a position in the very near future to make announcements in that regard as well,” he said.
And remember Canada's NEB has granted BH LNG authorization to export up to 8mtpa from Canada, with authority to expand up to 12 mtpa. Under either scenario, this provides blue sky to analyst valuation models.