OTCPK:ICPVF - Post by User
Comment by
SargeXon Jul 26, 2021 3:16pm
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Post# 33605354
RE:The Clydesdale cavalry arrived a bit too late
RE:The Clydesdale cavalry arrived a bit too lateHey Rak
Not that it really matters, but I don't like to see incorrect info being posted. Your comment on the previous CEO leaving because of Heartland is totally incorrect. Bayle has been the CEO since Jan 1, 2014 so Heartland was always on his watch and that's why I always said he was a BTO (Big Timer Operator) biting off more than IPL could chew.
Ciao
Sarge
Rakaposhi wrote: Unfortunately IPL is getting scrwd by both parties at this point. Brookfield does not want the pipes so they’ll make a deal with PPL to take those over, not to be announced immediately, but in due course. Lots of preamble in the news releases.
Brookfield is interested in Heartland to tout the quite “clean” process of making plastics, more so than anyone else and it will be the only such facility in Canada. Don’t forget that Mark Carney is the “clean & green” guy at Brookfield these days.
I truly think the committee did the best they could, but they were a bit too late. The previous CEO left because he was overruled re Heartland. I guess he was right. Perfectly good company wrecked, although they might have pulled it off if it were not for covid. They skated a bit too close to the edge. And life moves on…