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clock Created with Sketch. 13/10/14
23:53
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Originally posted by sivart
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It is really hard to know why we haven't heard any news since the purchase of BH (not that I think it's a concern, more that it'd be nice to know a bit more than we know right now). First up I'd guess we should hear about permitting transfers, and possibly about how much was already done on construction that we can use. I guess we won't hear anything about tolling because I think they now see less benefit in non-binding agreements early to satisfy the market that tolling agreements aren't an issue. Also I'd guess we won't hear anything about capital financing because I think they don't see that it'll be an issue to capital finance the project in whatever way adds most value for shareholders when the time comes. The other major peice of news, which is unclear what and when they'll do something about is gas feed for the plant. Really not sure the plan would be for when to announce something on this. Would be nice to get a schedule of events for BH at some stage soon, and also an update on more details of the project. Maybe these will follow the site visits. Otherwise it might warrant a set of questions for the AGM.
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Interestingly, an article, which I believe Timbo already posted, is a little enlightening on some of the BH timeline: "Once the necessary permit modifications are secure, he said, project officials will file an export application with the National Energy Board." http://thechronicleherald.ca/busine...roject-aims-to-be-canada-s-first-lng-exporter
Last edited by
sivart :
13/10/14
