Alternative no 1
In short, Roccos interpretation (if I can name it so), The Bape report is in line with QEC strategy, and in the short run (next 18 months or so), it will none or minor effect on QEC timetable. At least not during the Pilotprogramme.

Pro:
Communication with QEC IR supports this interpretation. They explicity spells it out.

Against:
Is it possible to have such an insight without getting forehand info, and also prior to what public authorities have their saying?

Alternative no 2
There exist a "De Facto Moratorium" agains fraccing.

Pro:
Common understanding of Bape report by Qubec public and newspaper

Against:
A shut down will hurt Quebec (foreign) investments and trust (maybe not a good one)

Personally I have a hard time to se the benefit for qec of blowing smoke, about this issue. If QEC was/will not be allowed to continue with the pilot programme such a release will eliminate all trust towards investors. They would not release it if they do not belive in it.

I think I lean over for Roccos alternative (and so a much more positive one)
Any other possible interpretation out there?