OTCPK:PDPYF - Post by User
Comment by
JDavis17on Jun 04, 2018 6:33am
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Post# 28118637
RE:Petronas to purchase equity stake in LNG Canada project
RE:Petronas to purchase equity stake in LNG Canada projectI don't think investors realise how incredibly important this is.
Petronas would not have made this move if they didn't already know LNG Canada was going to give the green light to their project.
Of all of the natural gas producers that will be affected by this project, PONY is the one that will benefit most. The fact that their land sits right on top of the pipeline that will feed the LNG plant, plus their past relationship with Petronas (Progress), makes it pretty obvious that this is a very big deal for PONY shareholders.