Lower merchant revenues identified (as we know), deferring...

Lower merchant revenues identified (as we know), deferring 600-700MW growth, deferring SAGT's and no FID on Flyers Creek. Ouch.

The prudent cash management may prove a smart decision if COVID, and any subsequent economic slowdown, drag down revenues over a prolonged period. I respect that position. Global markets have definitely forced a hand or two, no question. However, it's not necessarily time for an energy player to lack ambition - some competitors aren't bound by the same short-term responsibilities.