If you read back over Moneybags post, it was not in relation to takeover/financing falling through but around when office bearers topped up their holdings, management acknowledging that they needed to raise capital and past excuses used by management as to why they could not reach FID.
I agree that COVID-19 had an impact on T/O and financing but zero impact as to why they couldn't reach FID as you are suggesting below.
"No, the reasons are the same as for all of the other second wave projects:
1) Energy market collapse
2) Trade war
3) COVID-19"
Fresh From The Cupboard, page-1507
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