Agree with you@visitorX wholeheartedly. There probably will be a backlash of -10-20% to the recently regained SP due to, yet another DFS delay, however the reuse of a coal power plant site and the much more friendly local municipality should more than make up for the losses as Cinovec project now has no black marks against it at all - it is delivering exactly what it was aiming to:
1. Reutilise the industrial facilities/sites used by coal processes
2. Retrain and remploy local coal workers into a more sustainable and cleaner field
3. Reuse the coal ash from the surrounding mines to backfill the underground stopes and tunnels after ore extraction, thus helping to remediate surrounding landscape from coal mining activities
These 3 points are going to be the marketing piece for this project, it cannot be any greener nor more socially beneficial than this, big win for EMH/CEZ and the Czech Government.
Now EU has the perfect project to showcase the CRMA support and processes at its full power, there should be no doubt that grant money and green funds money will start flowing in unobstructed.
As per most in this thread, we will endure short term pain over the next few weeks for the DFS delays, yet again, however in the long run these are great news. Topping up tomorrow, hopefully SP retracts by ~10-15% before I bring it back up.
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