RE:RE:I've been waiting for a stock like this....Ogopogo26 wrote: Lots of good input, thank you for all the hard work on this.
Bottom line, unfortunately is that this is is still a highly levered company relying on carbon credits, a market that is broken right now. The investment case is pretty binary, either BC government fixes the system, or this will go bankrupt. What are the probabilities, insight in the politics?
As an aside, Management has been an issue throughout all these years and the current one's attitude towards public investors, minimal communication, almost exhibiting a lack of interest, suggests to me that privatization is in the cards.
The hard work is for MY benefit.
You must have read it in the Epic times noos. That the NDP have become anti woke and don't believe in climate change NO more. No more credits for YOU! Bankrupt your behind!
ALL the managements have had to deal with short and distort since day 1.
Privatiization is not on the cards. Seems to me (investors) are treating this like a speculative oil prospect with no cash flow. They sold 1 gas plant for $600 million. They still have 2 and 2 refineries.
Take over by Brookfield would not surprise me . But $10 minimum.
I say again : Brazeau gas plant = light oil = gasoline and diesel = renewable diesel = carbon credits.
Calgary says F U ! ain't gonna let it happen . Guess what folks......it's happening.
You and I were buying today......Right?