Daresay a bit of water under the bridge yet. still have the...

Daresay a bit of water under the bridge yet. still have the second application on foot, so the permit will still stay valid.

And they also have appeal processes in the court.

But 1 of the reasons being timely is a bit of a nothing excuse, they sat on the application to a point where it was impossible to drill in the proposed window. They need a drill window, to book a rig and then they can complete the EIA for NOPSEMA which requires both the drill and EIA.

Courts left to decide where politics has taken precedence (same to development planning).

That said, the share price is going to get hammered and they need cash to fund both court and the drill, which might be hard to secure on the back of that.

Crap news for everyone involved! my heart goes out to you all!