RE:The infrastructure bill is a bustThank you for that VG. That is actually quite interesting.
I see it was published June 19, 2022. I suspect that would have been pretty close to the peak in supply chain gridlock issues. The prices of some of the relevant industrial commodities have come down sharply since then.
One example. Take a look at what's happened to the price of steel rebar since last May.
https://tradingeconomics.com/commodity/steel Have the cost challenges gone away entirely? Of course not.
Another indication that the worst may be behind the company. Look at the list of ETC job postings. My recollection is that a few months ago there were about 28 postings. Now it's at 14.
The pressures in favour of more tolling are still there. They ain't going away.
Debt problems? I'd be somewhat concerned if the convertible debentures were due in 2023. But 2026?
I don't know. I have faith that a lot of good things are going to happen between now and 2026.