I think you're very close to the truth there. But knowing German...

I think you're very close to the truth there. But knowing German Engineering and banking firms they don't usually hop into bed with someone just to leave them high and dry. They will look for a solution and the best possible outcome.

My initial plan was to fill my boots at the CR at 16.5c but I held back and only applied for the bare minimum as I got the feeling that some may have overextended themselves and then have to sell into a weakening SP. With a project like this there always will be people who get cold feet and it is up to the brave (or those with deep pockets and I'm not one of them) to pick up the shares on offer.

There is so much to like about this project. I don't need to summarize them as they are all readily available in the company presentations.

I see ATC management the same as my other big conviction stock GNX. So far they have not disappointed me so until they do I trust that my money is in good hands.