A$3.2b of resource
flat lying, at surface
first class leadership who can raise money, marshal the market and deliver a project
sole source of domestic bitumen with a Gov buyer
infrastructure spend to grow
can sell 100% of product
bitumen, shipping, electricity all increased substantially in price. seems structural
zero carbon
supporting green energy business
was $500-600m NPV, now I guess we'll find out its much bigger.
but Its a terrible fearful market and a project thats been in transition for several months without much detail, no promotion, and a private investor register that's more inclined to follow the chart.
16c is a fantastic buy
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