RE:Up to $272 million in Indications of Financial Support V.CPSThis announcement is very exciting to me. I believe the funding commitments from the Government of Manitoba and the Government of Canada virtually guarantee this project will be developed.
Hopefully CPS can put a funding package together quickly to start construction; however, I can also imagine a scenario where a larger company or two pursue a purchase of CPS rather than investing or partnering.
The nice thing about any potential purchase is Paramount and other strategic investors own enough shares we don't have to worry about someone buying the project at an unreasonably low valuation.
Congrats all, it's been a long wait but looking like it will end up being worth it. The expectation of an announcement like this is why I've been patiently holding shares in CPS.