Asset Play, page-20

Essentially it was going to triple the flow of Oil & Gas to the Canadian West Coast. This would then make the economics for major investment in port infrastructure to get the O&G out of North America and too Asia etc extremely compelling. LNG Canada port now has to be on tenterhooks. Remember Canadian O&G trades at a massive discount to global markets because they can not get it out of the country to where the demand is and are totally reliant on the limited demand from Canada and Trump's America.

Look they can still truck the O&G from Alberta across BC to the coast, but obviously much much more expensive to do so. This is by no means a deal breaker for calima, it was just a great tail wind for the space and its banning sends a message that capital is not as welcome in the space as maybe it thought it was.

To be honest I still think Calima would be trading heavy with or without last weeks news and the crushing sell-off in the Montney plays, there is a tremendous amount of new CE1 stock to be absorbed, with more coming in a month. 5.5/5.6 is massive support and I believe it will be defended by the major shareholders.