Interesting that they blame adverse currency movements as the reason for the project feasibility falling over. Since the announcement in late December claiming a US$20 per tonne margin the exchange rate has only moved 5%.
So either this can't be the real reason OR they knew there was a problem with the feasibility study months ago and did not disclose the facts to the market.
Either way there is something not quite right here ....
the optimistic view, page-13
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