Post by
KentWilkens on Apr 21, 2021 8:23am
Patience..please
you all know the timeline, first two quarters great, Florence permit end of H1, maybe early H2. No amount of navel gazing will change that. Chill, relax, get some popcorn, a beer or two. Cu will hold the price in range, maybe even get some nice drops, not often you have any this much advance notice on what the future holds. You have three to six months to gather any spare change you have, take massive advantage of near term price drops, most of the market is just looking at the day to day, look down the road. KW
Comment by
nofluff on Apr 21, 2021 3:51pm
good post 8. My guess is u r a breakfast chef that specializes in scrambked eggs. 2nd guess. U a football throwin qb that loves seein the blitz!!! nf
Comment by
2024golden on Apr 21, 2021 4:41pm
And based on the past....do you actually believe management is going to run the terms of a jv past shareholders for approval?? Really?? You will NOT see what they come up with until it is done... and then it is to late my friend!
Comment by
JCSunsfan on Apr 21, 2021 5:42pm
I disagree. Including a JV on Florence could greatly help SP if the buy-in reflects something close to NPV on Florence. It would get market recognition that 100% ownership might not. 100% ownership would mean more cash flow later, but the right JV might ge more share value now.
Comment by
scramblin8man on Apr 22, 2021 4:25am
If we get true value for Florence and if the joint venture partner has the ability and desire to participate in a big way on future projects such as Yellowhead then I think OK.
Comment by
2024golden on Apr 22, 2021 9:38am
And just for the record...do you believe we received true value for the pp last fall? So why would you expect this jv to be somehow fair to current shareholders?