NRZ 0.00% 0.4¢ neurizer ltd

BFS, page-16

  1. 682 Posts.
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    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 investorsrolleyes.png (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. rolleyes.pngI'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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