Hurdles

"We have never been better positioned. We have never been better prepared," Williams told CBC News.

About the so-called "Lower Churchill" project, that is.

"The market is right, the prices are certainly in the ballpark, it's moving nowhere but up. There never could be a better time to do this project," he said. "[But] we have some hurdles."

Indeed, Williams said the chances of the Lower Churchill project proceeding are about 50 per cent.

Boy, if the odds are 50-50, and "we have never been better positioned", that really sucks, innit?