I suppose that's probably the most likely, they may be banking on a delay to the DFS, Production start date or rejection of the ML. But based on what I know, and guided by the trust I have in JM, I can't see these things occurring. If any are likely, perhaps a delay to the ML being granted is the most likely (but still unlikely imo) given a majority of this decision is out of ADNs hands (and subject to public discourse).
Anyway, just food for thought. I've found that shorters are usually the more sophisticated of traders, so it would be naive to ignore their presence here now. Good luck all.
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