Hi All
IMO everything is the way it is because of the PPSA. It’s a downwards spiral of SP and cash because they can’t do anything properly until it is signed.
I believe the field will end up commercial - I sold my cash holding for the most part a while back but still hold a large holding in super.
they need to get tough on the agreement and get it across the line- the SP will come back as soon as it does, but I do not believe anything else will bring it back bar a flow test success.
I do agree that the company should limit its activities until the PPSA is signed
JRI IVZ Fireside Chat - March 26, page-125
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