I have been reading the submissions and also viewed some of the responses. My own opinion now is that we are probably a 70% chance of approval with a 30% chance of rejection. But as an eternal optimist, I will take the 70% anyday however I know that it is not guaranteed.
I don’t think the SP reflects those % chances above that I have indicated either. I mean if the rejection of the mine results in a 3-5c SP initially whilst an approval should yield a 30c SP. then the odds the market is giving it at the moment would be 40% chance of success and 60% chance of rejection.
What are others thoughts on what they feel is our changes % wise. I just feel that the critical concerns of the residents and objectors have been adequately addressed by the SVL team of experts and relevant authorities.
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