Hopperbin:
Long term supply agreements are supply only -
no price at all. No basis, ho price, no hedge.
Just an agreement to supply. The CWB may
have some LTA's that I' m not aware of but the
nature of the beast si that there is no price risk
on them. Therefore, in my mind, no liability that
would create 100's of millions in losses. In fact,
the way they are set up, they could be seen as
assets that could be sold, creating revenue for
the CWB as its being wound down.
Long term supply agreements are supply only -
no price at all. No basis, ho price, no hedge.
Just an agreement to supply. The CWB may
have some LTA's that I' m not aware of but the
nature of the beast si that there is no price risk
on them. Therefore, in my mind, no liability that
would create 100's of millions in losses. In fact,
the way they are set up, they could be seen as
assets that could be sold, creating revenue for
the CWB as its being wound down.
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