I started to think that Isabella and Montenegro where intended to start some new projects before bringing "really" bad news regarding Peelwood.
About 6 months delay of course isn't good, but now it does seem they will get the Peelwood license eventually.
Maybe ST traders who where hoping to makes a few bucks on the mine approval will sell there shares in the coming days. But for LT investors the current share price can offer quite a good reward ratio.
SSC Price at posting:
1.4¢ Sentiment: LT Buy Disclosure: Held