- February 16, 2012 - 01:49
Danny had to resign to take his new position with the mines to make big money. The Lab mines and his project need the power, not NL. That's why the rush and secrecy and closure of the House. Lots of stateholders here want taxpayers to fund the hydro project so they can make a mint. I'd say lots in on it and probable bribes, payoffs. But if so, who is who and who is doing the bribing? Who is in on it? They're desperate to get this through. Only crooks would not answer questions or hide info with misleading answers. Perhaps we need an investigation quickly or an inquiry. It's getting serious and it looks like push is going to become shove anytime soon! Money and greed does that. I initially supported this project but not now with what I've learned. I'm disgusted with what's going on in secret and behind the scenes.
- February 15, 2012 - 07:24
not that i have anything against employment opportunities in our great province , but i wonder how much power will be required once the completion of mr. williams project ( the size of gander) ison tap . does this in any way configure into the rush to get muskrat falls underway.
- Don II
- February 14, 2012 - 17:40
Are you serious? This should not be a partisan issue. The Muskrat Falls project is NOT JUST ANOTHER CONSTRUCTION PROJECT! Get real! NALCOR will be extremely lucky if the cost over runs are ONLY 50%! I suspect that NALCOR already knows that the cost over runs will be more in the area of 75% to 85%! We are talking about a project that has never been attempted before in this area. The risks and massive debt associated with this project could bankrupt the Province of Newfoundland and Labrador or force the Government of CANADA, as the guarantor of the funding to expropriate the project. This is very serious matter. Wake up and give your head a shake before you make nonsense comments! If the Muskrat Falls project goes wrong it will make the Upper Churchill debacle look like a good deal. The PUB and the Consumer Advocate should have every opportunity to scrutinize the Muskrat Falls project. If that takes 9 months to do, so be it.
- To Be Honest
- February 14, 2012 - 15:08
The lack of information on the question posed makes me tremble with fear and Don II! So, are you guys actually politicians for the opposition or what!? I hope so, because otherwise, you're spouting gibberish. Typical cost estimates for projects of this nature and size at this stage have an accuracy typically of about 40% to 50%. That also includes a hefty contingency for scope growth. the accuracy improves and contingency lower as the project matures. There's no secret agenda or other smoke and mirrors game going on here.
- Don II
- February 14, 2012 - 13:55
The Manitoba Hydro report on the Muskrat Falls project indicated that cost over runs on the project would be at least 50%! The projected price for Muskrat Falls electricity is 25 cents per kilowatt hour. No market in Canada or the USA will pay that price. What is NALCOR up to here? It appears that NALCOR is not being up front during these PUB hearings. Something smells bad here and it is stinking more and more every day! NALCOR is being very secretive and cute. Why? Is there something to hide? The attitude of NALCOR and the Government of Newfoundland makes us very suspicious. Why do they want to ram approval for Muskrat Falls through so fast? Why doesn't NALCOR give straight forward answers to straight forward questions? Watch out folks! Something very smelly is going on here! This project will turn out to be another Upper Churchill Falls power give away or worse, will put Newfoundland in debt so deep it will never pay its way out in our lifetimes! The PUB, media and Consumer Advocate must get the whole truth from NALCOR or the Muskrat Falls project must be stopped!
- Oh Dear
- February 14, 2012 - 15:01
The report did not state that there would be 50% cost over runs. At this phase of any project the level of accuracy of an estimate is normally only about 40% or 50%. That's perfectly normal! Particularly for a project of this magnitude. The estimate should also include a hefty contingency for scope growth. Stop looking for issues where they don't exist. It is not a reasonable expectation and is not a requirement to educate the entire public on how capital projects are managed! There's no secret agenda here!
- The lack of information on the question posed makes me tremble with fear
- February 14, 2012 - 11:27
Would'nt the lack of an answer on such a pertinent question strike fear in the hearts of the Hydro consumers and the elecorate of Newfoundland and Labrador? The knowledge of what I just read makes me tremble with fear. This Project should be stopped right here and right now, until we get an "honest and accurate" cost for the Muskrat Falls Project.