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NiSource Inc T.NI


Primary Symbol: NI

NiSource Inc. is an energy holding company. The Company operates through two segments: Gas Distribution Operations and Electric Operations. The Gas Distribution operations segment, through its wholly owned subsidiary NiSource Gas Distribution Group, Inc., provides natural gas to approximately 2.4 million residential, commercial and industrial customers in Ohio, Pennsylvania, Virginia, Kentucky, and Maryland. It operates approximately 55,000 miles of distribution main pipeline plus the associated individual customer service lines and 1,000 miles of transmission main pipeline located in its service areas. The Electric Operations segment generates, transmits and distributes electricity through its subsidiary NIPSCO to approximately 0.5 million customers in 20 counties in the northern part of Indiana and is also engaged in wholesale electricity and transmission transactions. It has four owned projects: Rosewater, Indiana Crossroads Wind, Indiana Crossroads Solar, and Dunns Bridge I.


NYSE:NI - Post by User

Bullboard Posts
Post by riverrockon Nov 26, 2013 5:34pm
196 Views
Post# 21943935

Just an Idea

Just an Idea

I can visualize a JV, under Victory Nickel which would allow a Large Frac Sand producer to earn an agreed upon percentage of the Frac Sand overlying the Nose Deposit with the condition being the JV partner must remove the overburden on the Frac Sand overlying the Nose deposit and would save Victory Nickel the cost of overburden removal on the Nickel Deposit, thus lowering Victory Nickel's Minago CAPEX expenses while still having an agreed upon interest in the Frac Sand mined. It might even apply to other agreed up Frac Sand Deposits at Minago.

 

Its just an idea that management might consider as nickel prices should eventually improve.

 

 


Bullboard Posts