Its a pretty awesome update and will definitely "bulk out" our finance application
However I still feel its going to be 12 months to get all the environmental submissions done and also the FEED needs to be finalised.
Also the way I read it, the finance package wont be finalised in September, it will only be an update on what they have organised.... you all know that the environmental assessment for the plant in Darwin wont get finalised until next year -- as it has not even been submitted yet. Of course it will bounce back a few times a few times like the mine site (although not as bad I suspect). So I cant imagine we could have a FID when we dont have an approved site.
Don't get me wrong this an enormous part of what we needed.... however we are still a long way away and will need a few cap raising's until then... if we didn't we wouldn't be looking to list in London.....
Hoping it creeps up from here and next time we raise we are in the mid teens at least..
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