Looks like they need to find a white night. The proposed project will cost well in excess of the current forecast and be more around the 800 million number.
either a white knight or a large capital raising must be books to get the project financially secure and to FID.
I think this company is primed for a TO in the short term. Been a very long term holder so happy to see some movement in the long term . I do not think w have seen anywhere near the bottom in terms of price yet.
HAS Price at posting:
$2.36 Sentiment: Hold Disclosure: Held
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