the delays i believe are a positive. Why build a power plant when you are right next door to some massive drilling in next 12 motnhs with HZN, NGE and Talisman - this will save 100s of million in CAPEX and increase the IRR dramatically - better IRR better funding conditons (especially for HIG) The issue is this annoucement once again is misunderstood by the market. I always thought the FS was being rushed anyway since they are still upgrading. The board dont care about us traders and nor should they - this is massive long term project and all the Research Reports tell the story
HIG Price at posting:
16.5¢ Sentiment: LT Buy Disclosure: Held