We already knew Hartley's have been accumulating all month, the interesting data will come over the bext few days to see how Hartley's and their clients responded to the study. I'll provide when available.
Speaking of which, how long till Hartley's revises their analyst report? Shouldn't be long - would be surprised if they suddenly changed tone given the fact that they'll likely get a good deal down the track in terms of project funding if they stay on board.
The study is starting to grow on me after a bit more processing - i still love this project which has a pre tax NPV of $500m. I just wish their were a few less surprises in the report in regard to capex and opex and we could've really seen a rocket under the SP over the subsequent weeks. Anyway not to be but should still see plenty of appreciation here in the lead up to production to minimise any equity dilutions for the raised capex figures.
APC Price at posting:
11.5¢ Sentiment: Buy Disclosure: Held
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