All they needed to do was release a "range" of capex in a few scenarios and the market would have been less spooked.
Basically they went with "here is the forecast cost in basically the worse-case scenario" when they could have done "forecast on current peak prices, estimated forecast range: high, estimated forecast range: low", etc. Just boggles me how bad some of these ASX listed companies are at basic communication skills.
This still feels like a bet on the current government following through on their "green speak" and seeing if they sack up and put some of their money where their mouth is... with all the talk about securing local mineral supplies, more and more labor/greens/teals getting voted in etc and the macro is still heavily in favour of projects like this.
Added more at 12c today and will see where we're at in a year or so.
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