RE:RE:RE:RE:FID soonMakes sense to me. But there is a catch.
There is no positive cash flow right now. People have to read the actual quarterly statements, not just look at higher gas prices in isolation and not just take the spoon fed pap management serves up. So how do they pay down the debt?
IF they did not have those inerest payments, and IF they stopped spending anything on the LNG dream development, there would be a very narrow profit. Probably. But they would have to get there.
ofirme wrote: What you said might be the best thing to do. you put the cashflow into bringing dow debt and
some drilling and within a year you could refinance. the carbon storage project is the one
worth persuing as the lng canada project is run by shell and the esg will be very important
to them. Pieridae has conventional gas and a carbon offset project. this should be quite
valuable for the project. keep in mind that the production of ng for Pieridae could go up well
above 0.5 bcf/d and it is all conventional.