RE:Have a lookWestshore seems to me overpriced at the moment ,
Of course they have a contract with TECK to load coal for now but this contract will not be renew and Westshore have a potential new contract to ship fertilizer produce by BHP and the plant has to be construted and ready for operation in 2025
Syroketing fertilizer price is very good for BHP and their project surely to go ahead with the project.Westshore Terminals Investment Corporation Executive Office 1800 – 1067 West Cordova Street Telephone: (604) 688-6764 Vancouver, B.C. Fax: (604) 687-2601 Canada V6C 1C7 For Immediate
Release WESTSHORE TERMINALS COMMITS TO PROVIDE SERVICES TO BHP July 22, 2021 Vancouver, British Columbia – Westshore Terminals Investment Corporation (TSX: WTE) (the “Corporation”) announced today that its wholly-owned subsidiary Westshore Terminals Limited Partnership (“Westshore”) has executed an agreement with BHP Canada Inc., a subsidiary of BHP Group, (“BHP”) to provide port services to BHP’s proposed Jansen Potash Mine in Saskatchewan. The agreement is subject to approval by the Board of BHP and execution by BHP, after which the agreement would still be conditional on BHP making a final investment decision on Stage 1 of the Jansen Project. These decisions are entirely within the discretion of BHP. If the Jansen Project does proceed, the agreement requires Westshore to handle potash for BHP for a term to 2051, subject to extension. It also requires Westshore to construct the necessary infrastructure to handle potash at Westshore’s Roberts Bank Terminal by 2026, with BHP funding the construction. If BHP announces a final decision to proceed with the Jansen Stage 1 Project, the BHP-Westshore agreement will become binding on BHP, at which time Westshore will provide further details concerning the agreement. For further information, please contact: Glenn Dudar Vice President/Ge
nSecond note interesting for you:
Westshore Terminals Investment Corporation Executive Office 1800 – 1067 West Cordova Street Telephone: (604) 688-6764 Vancouver, B.C. Fax: (604) 687-2601 Canada V6C 1C7 For Immediate Release WESTSHORE TERMINALS COMMITS TO PROVIDE SERVICES TO BHP July 22, 2021 Vancouver, British Columbia – Westshore Terminals Investment Corporation (TSX: WTE) (the “Corporation”) announced today that its wholly-owned subsidiary Westshore Terminals Limited Partnership (“Westshore”) has executed an agreement with BHP Canada Inc., a subsidiary of BHP Group, (“BHP”) to provide port services to BHP’s proposed Jansen Potash Mine in Saskatchewan. The agreement is subject to approval by the Board of BHP and execution by BHP, after which the agreement would still be conditional on BHP making a final investment decision on Stage 1 of the Jansen Project. These decisions are entirely within the discretion of BHP. If the Jansen Project does proceed, the agreement requires Westshore to handle potash for BHP for a term to 2051, subject to extension. It also requires Westshore to construct the necessary infrastructure to handle potash at Westshore’s Roberts Bank Terminal by 2026, with BHP funding the construction. If BHP announces a final decision to proceed with the Jansen Stage 1 Project, the BHP-Westshore agreement will become binding on BHP, at which time Westshore will provide further details concerning the agreement. For further information, please contact: Glenn Dudar Vice President/Gene
Note '
I d'ont know if the project is on going but it look this the case but I did not find the release about BHP
At last July Weshore was at $ 17 and now $ 36 or so .
Buy back of 3 160 000 shares and