Since my evening has been rudely interrupted by a rain delay at Day 5 of the cricket, I thought I'd look at Delorean's website instead.
I am not sure what this means, but it is a small sign of maybe DEL working through the current issues and continuing to trade. Potential good news, depending on how optimistic one is. These changes look new to me, just going from memory of previous information.
Lack of website update has been a complaint of mine for a while. It is easy, and free of charge for the company to do. Here's what l noticed.
1. No mention of YVW at all, unless I missed it or its simply been overlooked. RichGro, BLM and NZ Ecogas are mentioned as EPC projects. I couldn't find any detailed mention of YVW as a current project. Perhaps the website is still being updated, or I'm missing something on my phone's mobile browser version.
2. The map used in the February ASX update, with the "constructed" rather than "completed" label, replaces the old 2022 map (this map has the YVW icon, so maybe my first point is irrelevant / wrong). RichGro BLM and NZ Ecogas are all in green colour now.
3. QLD1 now has an FID date of "early 2024".
4. NZ Ecogas now has a completion date of "Q3 2023".
There's a reasonable, circumstantial argument that if the company was going to be wound up, DEL wouldn't bother updating the website now, after 8+ months of inaction. Although, of course, dates and timelines mean nothing to them. I'm sure the ticker symbol 'DEL' is actually short for 'delay', not Delorean. Then again, maybe DEL is preparing to re-emerge from hibernation.
