RE:New Press Release - KWG Amends Option for Equity Conversion by CCCWhat's there not to like?
Tony just publicly confirmed his confidence in the way forward by effectively remaining involved for an additional 2 year term as a "dollar-a-year" man, while extending his conversion option strike price from $1.00/share to $1.99/share (willing to pay double, almost). As the Go-To Ops guy for Hunter Harrison at CP Rail, he also has deep ties to the current CP CEO and to CP's financial backers (look them up, btw), which may prove to be more interested now that the Kansas City Souther takeover has been settled and integrated. Beyond that, he's a major talent in transportation and especially in the rail sector.
With Tony re-enegized and Corina Moore also in the fold, KWG has a lock on the high-end transportation talent, which suggests a signifigant move is being set up in light of both the Federal and the Provincial "Infrasructure Banks" created recently. It wouldn't surprise me if in the end, if some of the recently added high-end advisors/consultants wound up opening doors that move this project forward with far more alacrity that would have been possible otherwise.
Investing in, and motivating talent, is often the best investment ever made.