RE:RE:RE:RE:RE:End of Day there is only 8 Trading Days Left.........Its not a question of "waffling" or not. They desperately want to do the FID. But it is only really a "decision" if you are Shell or Petronas. Even those dont go ahead on their own. But they have their own money to throw in the pot, and they wait to see if there will be others.
Pieridae has nothing of their own. Zip. Never has had. (Except for vey expensive debt.). So its not a "decision" by June 30. It is whether the backer with at least a billion dollars appears out of no where. They have had 7 years and have not got one of those yet, or even close.
As the acquire bits and pieces they can pick up for nothing or cheap, and TALK about more, maybe they look like they are getting closer. But the ones with a billion dollars are not like you, they want to see the real deal.
For the latest example: who is going to partner for the CCS? And how much money will they DEFINITELY invest (not just invest if somebody else joins, or some other major factor is actually a go). So if the partner is investing IF the LNG plant goes forward (and if Nova Scotia says they will buy the carbon offset scheme that would not be allowed under current regulations).
Any of those IFs would mean its all still just talk, like it has been for 7 years. The pictures in the talk get more elaborate. But the real if never changes: IF somebody invests big in the LNG plant.
Bosslady wrote: I was talking about both, as both have amazing potential both on their own and together. Perhaps they are using both right now on either side of the fulcrum, with one leveraging the other. But it appears that this decision has been in the works for a very long time and they had announced a deadline of June 30, so I would hope they don't waffle and delay it. If delayed, the share price IMO goes no where, and solidly reveals weak CEO and Management Team. I don't think given more time that they will have a better opportunity than they have right now. I hope this isn't going to take the canacol route of staying flat for years and years