Tuesday, July 07, 2020 9:26:07 AM
"Soon" is relative, and what that timeline looks like is anyone's guess at this point. I'm certainly not saying right this instant! What I am saying, is that Ward definitely has interest in selling Mirage and a very reasonable time to sell is when all projects are started. You do make a good point, revenues are important; but those start coming in as early as 3 months from the start of construction! And from there, the ball is rolling on all projects and they are at 17% - 35% completion.. with the ball continuing to roll. Considering that all supply contracts are in place (the PR's just yet to be released), this is a cash cow as soon as the projects are completed.
As far as the risky environment in Mexico, like the guys at NGI said on the conference call some us tuned into, natural gas is immune to the political interference experienced by the private sector in Mexico. And not only is gas immune to begin with, the fact that our natural gas projects strengthen the CFE, makes them bulletproof.
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