Beginning to get serious now and rather than an agreement with a single buyer, we are looking at accessing the national grid...this explains the delay in signing a single purchaser agreement...
A plan with 2 alternatives to monetise
A funding pathway with a federal credit exposure to build a connection, so the interest rate would be tied to the fed funds rate
gas reserves being estimated by Gav and plenty already identified
There are obviously still risks, but this is looking increasingly credible and with a probability of sucess that is far bigger than their SP reflects.
Good luck
Waźz
FPL Price at posting:
1.1¢ Sentiment: Buy Disclosure: Held
