Pieridae Energy Ltd T.PEA

Feds seek to fast-track LNG project: Pieridae CEO

[Ikeros]

It seems things could be happening and quite fast. 


https://www.bnnbloomberg.ca/feds-looking-to-help-fast-track-lng-project-pieridae-ceo-1.1728976

[downwithdotcom1]

..interesting headline from the phone call with the CEO-yes this was meantioned but so was the fact that EQUITY financing is still an issue..dwdc "Feds seek to fast-track LNG project amid Ukraine attack: Pieridae CEO"

[commonsense9]

"Equity financing is still an issue" is thinly vieled code for 'we need the Feds to step up with lots of risk capital'. Because there  never has been and still will not be an offer of private equity- at least not as the ones to take the first and biggest risk. So what Alfred really means is that he hopes the Feds are going to fast track the billion or more in direct aid that

[commonsense9]

Alfred first mentioned that (hoped for) billion dollar package in a March 2020 conference call. When it became public knowledge a year later, flack James Millar admitted the project was not likely to move forward without that. 3-5 months later they cancelled the project. But they are back for another try of course.