Downrampers holding a competing stock can often jump the gun... It's not Leigh Creek's fault that Incitec Pivot can't compete on price.
- Flinders Ranges Heritage Listing meaning the project will fall over (don't think so).
- Trucking from Leigh Creek to Adelaide too expensive, meaning the project economics don't stack up (unbeknown to him there was a rail line onsite).
- The PFS numbers all wrong, he seemed to know better. Leigh Creek, Thyssenkrupp and the ASX must have been hoodwinking investors (didn't know the difference between a BFS and PFS)
- The Range Gas Project enabling the Gibson Island plant to remain open..
I suggest we wait and see what's in the BFS, it should be released in a few weeks. Idle might be right, but he might also be jumping the gun, again. I've had him on block for the past few weeks to be honest!
@CheyneD - the timing of the SPP is very interesting; and also the reasonably small amount of money. Pure speculation, but I wouldn't be surprised if there was a free kick to shareholders with this. I'm expecting some positive news over the next fortnight, in my opinion. See how we go..
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