These results from TW and from CA reflect Tri-way’s “Plan B” strategy, which limits TW’s capital expenditures and CA’s revenue from project development attributable to TW to a percentage of TW’s net income. TW is still profitable and growing. “Plan A” would greatly accelerate growth upon successful closing of its anticipated debt financing.
So who to believe; RD or Solomon? (sorry, RD, that was a rethorical question)