RE:RE:Market Will not Tolerate indefinite uncertainty - AGAIN
They must now be very creative and look at very possible soiurce of funds. This includes CPP, Ontario, Teachers, Alberta gov. and Federal etc. As reported in this forum, they immediatly require $1B. bridging loan. Perhaps they can negotiate a split interest repayment, with a 4% in a years time along with loan repayment, followed by the remainder of the interest payment in 2020. By that time they will have the second phase of RIPET (40,000 BPD) nears completion. While this may defer the inevidable, things may significantly change for the better by then. Pehaps they put HYDRO as colateral for this loan.