Pooncarie Project has always had Prefferred Project Status, meaning that envoirnmental issues have been given prority due to the importance of the project to Western NSW and the state benefits that will flow from it with regard to employment and improved infra that will come from this project...not fast tracked, but certainly given priority.Premier being here this Friday shows the significance to the region/State in the longer term, so it is within reason to expect BMX will have ongoing Govt support in this massive mine going forward. Time will be the driver of the share price, but as I have stated many times, my own opinion is that it will be taken over sooner rather than later due to consolidation of the mining sector...cheers
BMX Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
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