This thread is to allow those with a Bearish view an outlet to...

This thread is to allow those with a Bearish view an outlet to discuss.

I'll kick if off.

1. Only a few month of cash before they need to dip into Acuity bucket at which point they will sell on market. See announcement.
2. Missed all the milestone dates..
3. Interest rates are likely to remain high or possibly go up making it difficult to finance the project.
4. Commodity prices remain below the DFS business case making it difficult to finance the project.
5. No milestone announcements due that will change momentum.
6. Technically the asset remain bearish on the major trend.
7. Back testing the minor trend on low volume.
8. Presentation is likely to bring a few in, but the quality of some posts in other threads may not encourage their participation.

Thoughts.