I know it has been frustrating to be a holder of this stock but I have said it before and will repeat that I believe the directors of this company are diligent workers who have many years experience in developing power projects.
I understand why Saddle Hills has been difficult to debt finance at this time without legislative certainty.
For a start they simply do not know if it will be a 20 year project or a 9 year project.
If it is going to operate as a peaker then you will not add a Kalina cycle to collect waste heat from a plant that is operating for 10 to 20 per cent a year.
The Canadian Government has changed the rules like most other Western Governments trying to accomodate a bunch of delusional greenies who can kick them out of office.
Carbon,capture and sequestration may well be the answer and I like the fact that KPO have jumped on this and secured preferred sites.
If this is correct they will appoint a tier one adviser in the next few weeks.That adviser will then put a package together for potential partners,.
We only have to wait a month but the quality of the adviser will be the first test and hopefully mark a transformational moment in the history of KPO.
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