TSX:VSN.DB.B - Post by User
Comment by
Beckysbosson Aug 04, 2016 9:50am
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Post# 25109527
RE:FANTASTIC NEWS
RE:FANTASTIC NEWS
Makes me wonder if the LNG project might be back on the table soon, the new pipeline has a 75% take , the plant 50%. Given they are using toll booth pricing for this project it might be very attractive to some of the Asian utilities who would get NA pricing plus the VSN margin rather than tie in to oil prices etc. I had not looked at this plant as a likelihood but if they sell 10-20% more of the LNG plant project to a buyer then it is more and more likely they could get financing for it. Might be a real positive for them and why they are now looking to focus on west coast gas by selling off the generation plants. Easy to hold this stock, looking back at the $7's just a few months ago what a gift.