research note extract, page-16

Cheers Pokerface,

The market obviously disagrees with him too.

I don't see it as 'bad' either, just not compelling.

Aren't these mob paid by TNG to spruik? Anyway his last quote was; "I struggle to see how this is bad news".

I hope they hit something decent though because TNG was in the 6s without Mt Hardy before that nice spike so if it is perceived by the market to be a drain of capital without too much chance of success, the SP will likely drift lower than that.

I certainly hope it doesn't play out like that.

Good luck all.