OTCPK:CPPMF - Post by User
Comment by
westcoast1000on Dec 13, 2021 2:16pm
237 Views
Post# 34225959
RE:Next leg up this winter
RE:Next leg up this winterI agree with Rational.
There is nothing wrong with saying the costs have gone up, which they are required to say. The NPV has gone up substantially and they will make a final announcement when engineering is 80% complete and financing is in place.
That seems perfectly sensible and reasonable. Who cares if they announce they are going forward now or not? I would rather they get the project elements more nailed down if they think that is what is appropriate.
The market reaction is normal, particularly in mid-December.
Instead of complaining, those out of sorts should consider alternatives. What do you think is a better bet at this point?