I fully agree with you, Tim. I read on Hot Copper (not PLS) some time ago these wise words (or similar): "The quickest way for a company to go broke is to expand too fast or into a business they know little or nothing about."
As to Calix, I rate this "high risk" as the technology has yet to be proven commercially. If the FID is approved, I hope the BOD sets a firm capital expense limit.
Cantankerous James
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