RE:RE:RE:RE:Some bullish comments here The other potential catalyst to keep an eye out for is the potential of LCFS entirely to another party. It wasn't this quarter, but on the Q2 call, management said they were looking at "deconsolidating" LCFS - meaning they want to dispose of their ownership of it or part of their ownership. LCFS spinoff just hasn't worked out well, so it is definately on management's agenda.. however does look like all efforts are just getting that HDRD facility going to full capacity.
So we have lots of potential catalysts coming through next year. Altagas closing, HDRD facility, figuring out what to do with LCFS and spinning off other assets as well.
I increased my position last week when the share price decreased. Still believe there's limited downside (at a certain point, ENB will just snap them up or someone else if they decrease to like $0.50/share) and quite a bit of upside here. Just need to be patient and let management do its thing.