Wow I never would have thought we’d go all the way back to 6c and seems potentially even lower
essentially the market attributing zero value to Grandis now which seems unduly bleak, but undoubtedly options looking forward are orders of magnitude tougher and more dilutive.
As I’ve said a couple of times, more explanation of how defeat was seemingly snatched from the jaws of victory regarding the free flowing Lorelle sandstone would be extremely helpful here. As would be an explanation from the company on why they continue to view the results as having proven commerciality, as stated in the announcement.
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(20min delay)