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FACT,Everything written here will amount to nothing if feasability study returns saying it is unfeasable.As this report is scheduled to take 6 months to complete,does anybody know if it has even started yet?
As I have said before,the sp can go 20% up then 20% down.
Well, it has gone back down and I am more than happy to make that profit again.
Considering the fundumentals were the same,the increase was purely the result of uprampers impatient to get there greedy results.SP is currently reflecting sentiment more than anything at this stage,imo.
I am more than happy for some to push theories again till something of substance comes to the table.
Till then, it is all speculation and hope, and those who believe Government policies do not affect stocks like esi need to reasses their thoughts imo.
The ABC last night on Lateline also said no more money from Govt to support Co. like esi.If the Vietnamese or anybody can continue to burn coal without fear of retribution,why join the green revolution? So an ETS has a HUGE impact on esi and those who cont. questioning that point, really need to read and familiarise ESI Principle Activities as outlined on its ASX web page.


By the way,all this can come to an end IF the Board came out and made an announcement.