OTCPK:ICPVF - Post by User
Comment by
Antonyiuson Jul 21, 2021 9:48am
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Post# 33580726
RE:RE:RE:RE:I vote no to PPL
RE:RE:RE:RE:I vote no to PPLWhat do you mean IPL can't go it alone, they're basically 90% there minus the start up of the plant. They have positive cash flow now and once heartland starts up they'll be making money hand over fist. They're in no trouble financially at this moment. Brookfield basically recognized this that's why they initiated the takeover because it's pretty much a low risk high return move at this point.
Lupuslupus wrote: IPL is going to be acquired one way or another
i don't believe they can or want to go it alone on this project
I believe if you want to invest in this project long term, PPL would be the way to go
If BIP wins, you will get a slightly higher cash out, but BIP will be the real profiteer when they sell the assets and pocket the money themselves