Marshes: A piece of low lying ground which is often flooded and typically remains water logged. Wet and soft are appropiate adjectives.
Being cynical makes sense. The asx needs cynical as much as optimistic.
Why leave a bulk carrier near a wharf when a cyclone is forecast may be the logical question?
I guess it all depends on PFS now as raising the cash shouldnt be an issue. One potential obstacle removed.
Offtake agreements would set the cat amongst the pigeons.
Then theres the execution. Potential time delays, cost blow outs and general fxxk ups.
Only here we really see how good management are.
It maybe all pie in sky stuff and you will be correct.
Often the best laid plans need a bit of luck.
Sure 80 year old guys off loading a few shares can be seen as a negative, then how about the guys paying twice the price for a decent stake only months after the lows? Must be absolute mugs.
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