It appears so-- I agree it is a "cool" positive anticipated event. I have no problems seeing it as that. And the application and approval suggest it is moving along in a positive way- excellent!
Here's a concern though to place in context with the overall business plan-- what is it taking in today's dollars to achieve this growth? Posts herald potential profits and PEs with pretty ambitious multiples-- but what about the path to get there?
It has been a long-standing issue I have had with the posts here that talks to this "hopeful" profitability without fully addressing the ability to fund "construction"-- what I see as a highly aggressive growth strategy.
It's possible for discussion at the "middle ground" -- but not likely IMHO