TSX:CUS.DB.D - Post by User
Comment by
Kman83on Oct 24, 2014 11:26pm
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Post# 23060389
RE:RE:Cancelled Contract
RE:RE:Cancelled ContractCalgaryrider wrote:
the statement that stunned me is that they are hesitant to sign contracts with others as it will limit their option.....ie long-term value for prospective buyer.
Seems pretty clear now that at least one of the serious bidders is a producer that would want NATO for loading it's own oil. A producer wanting to load their own oil doesn't want all the capacity contracted out to others.
Hey, I wonder if it is MEG that is the producer that is a major bidder and they "engineered" the suituation for the mid-stream company to be able to escape it's contract. CUS wouldn't be too upset with MEG in that case since it makes NATO more valuable to MEG. Now there is the conspiracy theory for you!
Usually I am not in to conspiracy thype theories, but it always puzzled me what advantage MEG got from an injunction that was bound to be overturned.
-Kman