RE: Clock TickingMr. Flyer,
It is an extreme pleasure to read the words of someone who clearly understands the 'juxtaposition of priorities' in a pending approval situation, such as this. Timing is always a critical issue in any and all business situations....with the exception of the procedural gyrations of regulatory/bureaucratic bodies. My friends and I feel exactly the same on this issue; in that there is absolutely nothing gained by trying to predict 'when and if the sun will rise'. The simple truth is that.... "it will", and that in; and of, itself should be sufficient. Those of us that are prepared to bet that it will, ultimately will win our wager.
Our due diligence told us that this project is sound, the people involved are serious, and the chances for success are greater than we normally see. No delays in completion of the RTO and granting of final regulatory approval will change; or even impact, the strong fundamentals present in this project. We are dismayed by the delays, but realize that it is more the rule, than the exception in this situation and industry. We are commited to seeing this investment through...(all the way), and refuse to become party to any short term hysteria that cannot be controlled nor influenced by anyone who is party to this project.
Calm, cool and calculating heads will prevail in this situation, and we are pleased to read the wisdom (and obvious experience) in your words.....it really needed to be said....Thank you!