ASN General Discussion, page-12262

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MrStrengths

3,018 Posts.

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18/06/23

09:31

Post #: 68343787
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Originally posted by mbc: ↑

Oh I’ll happily answer the questions - though they are disingenuous and illformed - and he didn’t extend the courtesy to answer mine first.

- Are offtakes cancelled? No! You can’t cancel something that doesn’t exist!

- Is FEED cancelled? No! However it only started in earnest recently, which was a communication failure because it was indicated as started Q4/22.

- Is funding cancelled? Well we all know the answer to this debacle - something that even I have to concede Suni with his constant pessimism is right to gripe on, mucking about with on and off federal funding.

One thing to note for all, without FEED the funding cannot be secured, and it is pretty likely without that binding offtakes cannot be secured, so everything has been kicked into 2024 most likely and then FID and construction might squeak in but probably 2025. All these things cascade.

I never said the project is off and it’s meltdown, my argument is that by the companies own measurements they haven’t delivered — it’s pretty black and white. They set the targets, they get measured by them, pretty simple.

Even after selling down I’m still one of the largest holders, likely still in the top 20.

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Dude, whilst a bit hot airy,
You're not wrong and i agree on those facts you've just made.

I can only speak for myself though in that I have my confidence meter filled in that things are MOVING, and that Bruce has communicated that.

Investing. It can be a bi*ch.

ASN Price at posting: 16.5¢ Sentiment: None Disclosure: Held
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ASN General Discussion, page-12262

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ASN General Discussion, page-12262

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