The Speculator might have missed out but I'm sure others have noticed what is a significant milestone for the company. A negative environmental assessment would certainly have been cause for concern.
Why do you keep mentioning the possibility of a TH tomorrow? As far as I can tell we now have to wait for the bureaucrats in the Planning Commission to do their thing before the formal go a head for the mine is given. Seems a lay down misere now. Do you think the environmental approval will trigger financing approval or similar and hence the TH?
"The NSW Planning Assessment Commission is currently reviewing the project. The draft conditions as proposed by the Department have been reviewed by the Company and are deemed to be manageable within the scope of the project."
The company seem to think its all good and my bet is we will need to hang around for a while before any decent sp moves. Its a cautious world at the moment.
Love to be proved wrong and see your $0.20 though!
CRC Price at posting:
16.0¢ Sentiment: Buy Disclosure: Held
