to think about it.

Original plan was to get ~ $300 million (through public offering) for GD (pod one) then production from that would finance additional SAGD project.

The reality here is that to date they raised ~$900,000,000, issued additional 300,000,000 shares for a total of over 500,000,000 and not once they achieved the forecasted production from Pod One.

With a total of ~$100,000,000/year in financing costs and still unable to reach forecasted production from Pod One this is not promising.

So far CLL proved only the ability to build efficiently expensive ‘white elephants’

The incompetence or simply conning by this management is at play here and IMO it is for the purpose of prolonging payments of pricy debentures....ooo .....and to colect bonuses.

If you also consider how they fixed it to bring PDP down to a misery .75 $ from around 25 before they had lots of work to do to bring some faith in their two companies.