I wouldn’t jump ship now. The project fundamentals are good. NPV $2.5 b Aussie and that is with a low in the commodity price. FID is just around the corner.
you can see the price recently creeping back up, I think we are close to FID. The price action tells me something is up.
Ann: S&P DJI Announces March 2024 Quarterly Rebalance, page-11
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30.5¢ |
Change
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Mkt cap ! $119.6M | |||
| Open | High | Low | Value | Volume |
| 30.5¢ | 31.0¢ | 30.0¢ | $48.27K | 158.7K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 25000 | 30.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 33.5¢ | 35032 | 1 |
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