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Bullboard - Stock Discussion Forum Black Diamond Group Ltd T.BDI

Alternate Symbol(s):  BDIMF

Black Diamond Group Limited is a specialty rental and industrial services company. Its segments include Modular Space Solutions (MSS) and Workforce Solutions (WFS). MSS, through its principal brands, BOXX Modular, CLM, MPA Systems, and Schiavi, owns a rental fleet of modular buildings of various types and sizes. Its network of local branches rent, sell, service, and provide ancillary products... see more

TSX:BDI - Post Discussion

Black Diamond Group Ltd > Letter of Award, what does it mean?
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Post by Wisedreamer on Oct 01, 2020 1:01pm

Letter of Award, what does it mean?

Their press release says:

The letter of award from Pieridae Energy remains subject to a positive FID and/or approval of funding for pre-FID work and contemplates that the Partnership will enter into definitive service orders as specific requirements are fully defined.
Comment by YoungH1isback on Oct 01, 2020 1:14pm
The Goldboro LNG Project is approved, and Pieridae Energy will make its FID in June 2021. They are currently awaiting a contract price for the buildout of the plant by Bechtel Corp Engineering by May 31st. The contract is expected to begin on or before June 30, 2021, the anticipated date for a final investment decision (“FID”) by Calgary-based Pieridae Energy Limited, which owns the right to ...more  
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