RE:GoldboroPuts them in an interesting position for Wednesday's conference call. Sorensen knows that the LNG dream is not popular with most shareholders, so the has said as little as possible about it in the last couple financial reports and releases, and nothing at all in the Q3 conference call.
Alfred Sorensen is not going to give up on his dream until he has no choice. After the official shelving of the project in 2020 there stopped being a line item in 2021 for LNG Development Expense, and what they did spend on Goldboro was folded into General Administrative
If you look at General Administrative Expense, it did not shrink through Q3 2022- over a year after the doors were shut on the Halifax office. We will see what Q4 shows.
With the Repsol pull out, its hard to imagine that Sorensen can continue saying nothing about Goldboro, and that there is not a question about it on the call.