The immediate downside risk is that if PH2 gets delayed or doesn't go ahead then the company is overvalued based on PH1 and will correct accordingly. Until the boxes are ticked and its written that PH2 will go ahead then expect the SP to drift lower with no investor interest. Why continue to query the drifting SP when these issues are obvious. How many times does this have to be stated?
If they come good on these issues then the SP should re-rate and if it doesn't, I'll be on the first flight out. If those in doubt want to be productive, come up with some logical reasons why the PH2 expansion won't come good.
Out of interest, how do you define aggressive selling mongy?
What's going on with VXL?, page-16
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