announcement fatigue or something else ?, page-7

Bitzer, there's naturally an alternative view, and that is that the DFS has not been released because it would be detrimental to the share price...perhaps August 2010 like. Who knows, but in my opinion, if WM thought that by releasing the DFS he would improve the SP and enable access to debt funding then he would have done so some time ago. The fact that he hasn't, after allegedly completing the majority of the study, suggests to me that releasing the document would not have benefitted the SP in the short term.