OTCPK:ICPVF - Post by User
Post by
MOJOJONOon Mar 18, 2020 11:07am
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Post# 30821473
PPL Cuts spending
PPL Cuts spendingWouldn't doubt IPL would look at doing this to hunker down and wait for things to turn around in whatever time it will take. No mincing here. Keep in mind they have a Heartland more than 50% complete so this means expenses and interest could be an issue. Hopefully, banks will extend lending terms and perhaps Alberta deploys its assistance. However, what this means for the dividend is unknown at this time.
https://globalnews.ca/news/6694519/pembina-pipeline-cuts-capital-spending-plan-by-up-to-1-1-billion/
glta stay safe and maintain social distancing. The better we all do and halt the spread the faster we start turning around.