IMO general consensus is the EIA will be granted very soon now that there's "really" nothing left for Gov to pick apart. ~4 weeks should give more than sufficient time for a single sign-off, especially after the apparent necessary public hearing meeting (odd that not one person was aware this was needed prior to this announcement though).
I gather market is waiting for the approvals, in which this should re-rate slightly (and more-so once offtake/financing is announced). But on the other hand I would say we'll see lower prices should the approvals not come through before end of this month.
They've had the application sitting on their desk for 6 months now after Courts rubber stamped it. And the better half of 12 months prior to that. So there's actually no legitimate reason why this couldn't be signed off in the next few weeks. If it's longer than that, then IMO something stinks, again, and there's more to it.
Until then, not much to do than the odd back and forth with trolls I suppose. No material progress has been made on the 2ktpa ramp up, nothing more on the offtake/financing front (other than the same 'it's advancing'), and also nothing from the Company regarding the other deliverables they said they would achieve Q1.
Good to see Fid's daily macro updates though.
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Last
4.1¢ |
Change
0.001(2.50%) |
Mkt cap ! $59.69M |
Open | High | Low | Value | Volume |
3.8¢ | 4.1¢ | 3.8¢ | $187.1K | 4.749M |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
6 | 232615 | 3.9¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
4.1¢ | 723091 | 4 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
6 | 232615 | 0.039 |
7 | 1405821 | 0.038 |
14 | 1827269 | 0.037 |
28 | 3602870 | 0.036 |
27 | 2449706 | 0.035 |
Price($) | Vol. | No. |
---|---|---|
0.041 | 723091 | 4 |
0.042 | 1818672 | 7 |
0.043 | 1762500 | 3 |
0.044 | 571335 | 5 |
0.045 | 597150 | 10 |
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