It actually says 'Roy Hill was now the only major project in the near term looking likely to go ahead'. MAJOR, being the key word.
It also says 'Instead, there is a greater focus for incremental brownfields expansion vs greenfields'. Simpson recently indicated there was plenty of smaller contracts to bid on, which I am sure is to continue, however with possibly increased competition.
It wasn't that long ago FGE was sold down on 'the mining boom over' commentary, only to see it continue to the present cries 'the mining boom is over!'
I see no reason to sell my holdings at present, and am looking to increase.
FGE Price at posting:
$5.63 Sentiment: LT Buy Disclosure: Held