Veresen Inc. T.VSN.DB.B

JERA Good - but may not be enough!!

[indoubtgetout]

Too little to late? Maybe. JERA covers 1//4 of capacity and maybe not much else. VSN has a long road ahead of it. The FERC decline is like getting a 50 yard penalty and VSN is now 4th and 60 yards with 5 seconds to go in the game. Environmentalists are making hay out of the FERC decline and VSN still has a long road to secure additional contracts and project funders to make this project viable. Maybe the best option for VSN is to put itself up for sale.....you will likely get the same upside should Jordan Cove ever become successful.

[Beckysboss]

 Environmentalists want nat gas and LNG to displace coal in the world wide energy scheme.  Now they have secured a major contract it will be easier to convince another customer to step up.  LNG is always a long process but the reality is this is an industry that is in it's infancy,  it will grow and mature over time.  Costs will come down,  the price of building

[jaiyenyen]

  I agree 100%. A little patience now and big returns later.

[pjn0987654321]

"it will be easier to convince another customer to step up. " This is what I think also.  A very good beginning.  We could hardly expect them to suddenly annouce it's 100% contracted.  This is a good start.