Given that all major projects are problematic and will continue to be so it would be very simple to explain the reasons why. OK govts prefer good news but this one is so easy to defend. Just goes to show the kind of lemmings involved in politics these days. Sad but true.
As for the bigger picture just keep watching this space folks-the speed of delivery and multi-apps will drive ERG for many years to come. 30 odd cents with most margin lenders temporarily suspending trade. That will change soon and provide some real impetus.
cheers, walt.
ERG Price at posting:
0.0¢ Sentiment: Buy Disclosure: Not Held
