Boardwalk Real Estate Investment Trust T.BEI.UN

BEI prints $70+

[malx1]

Tiff Macklem wants to know if Autofocus111 will finally sell his decade-long holding in BEI.un

He would like AF's decade of suffering and complaining to end.

[autofocus111]

Good luck with PPL. This year I rotated out of the common into preferreds and added to TRP. PPL has a FID on CedarLNG due by EOY. If it goes ahead, they will have to issue debt or shares to fund their part of the JV. TRP went through a painful few years with cost overruns on their CGL line to LNGCanada facility but that is now behind them. PPL could face similar issues.

[malx1]

Appreciate that insight, you really do pay attention to the big stuff. Re Cedar LNG Total project cost is ballpark $3B cdn. PPL would be 50% partner with Haisla. PPL has the debt capacity to easily borrow the full $1.5B and pay that back in less than 1yr from FcF. I honestly think the share price is rallying right now in anticipation of Cedar moving forward. Haisla and PPL work well

[autofocus111]

I'll bet S.Guilbeault's hand was trembling and smoke was coming out his ears when he signed off approval for the project. PPL has a pretty good history of delivering projects on-time and on-budget. I guess we'll just have to see if they can pull it off here. I have not seen any info on where the floating facility will be constructed. >>>Cedar LNG Project Decision Statement

[malx1]

Current LNG Canada is 85% completed, located on Haisla Lands. Good people.  They will learn from LNG Canada project currently underway, then can work with PPL to construct Cedar LNG terminal approximately 1/4 the size of LNG Canada. Sure there may be cost overruns, but nothing that would put PPL at risk considering their assets and respectable balance sheet. The Cedar LNG project would