Post by
Kherson on Jan 22, 2015 11:34pm
Who is interested in Blunderheim?
Well, according to Doug, there is only one E&P organization interested in Blunderheim, whereas there are a few mid-stream organizations interested.
When Doug talked about Blunderheim, he mentioned very passionately about Scope Creep and the fact that the Blunderheim project had silos in the management scheme of things...
Blunderheim is an exceptionally high fixed cost facility, so with the present 5.5 unit trains a week, Blunderheim is just breaking even...
The statement of claim against MEG will not be resolved for a number of years. The legal question of ownership concerning the connection point should be decided by a judge any day now...
Any deal on Blunderheim should be closed by the end of Q2...
Kherson
Comment by
Kherson on Jan 23, 2015 12:26am
LOL... Ocean112, why not put me back on ignore and crawl back under your rock... I gotta call it a night. I don't want to miss Jeff Tonken's presentation at 8 am... Kherson
Comment by
phoenix_trader on Jan 23, 2015 12:46am
I guess the CIBC police will be on special alert tomorrow morning. Assuming you are right about Birchcliff presenting, then both Canexus and Birchcliff are making presentations which are not known to shareholders, time for media exposure and regulators to set the rules.
Comment by
Kherson on Jan 23, 2015 8:50am
Trader, these presentations occur all the time. Looks to me like you are truly out of the loop... Kherson
Comment by
6milli on Jan 23, 2015 8:59am
Kherson do you have access to any presentation or a link to an audio webcast? I'd love to hear the presentation. Thanks!
Comment by
Kherson on Jan 23, 2015 9:20am
6 million, check your inbox. The interesting stuff occurs at the 14 minute mark when the Q&A starts! The real dilemma facing the possible sale of Blunderheim is discussed at the 18 min. mark... I do applaud Doug for being honest with the facts. Sadly, the facts are being covered up by certain posters on this board... Kherson
Comment by
ocean112 on Jan 23, 2015 9:52am
perhaps you can share the link with everyone?