Question about CR was raised in the twilight presentation. For me, Nina made it very clear that CR was recently undertaken and now fully funded for PH3 including with tax rebates expected next year and reducing costs to complete PH3 once all sites up and running (site set up costs are the most expensive component). Also, I think this is the most positive communication I have heard from Nina regarding further deals; whilst naturally caveated it is just seeming more and more as a matter of when, not if. Also I thought Nina was clearer that there is much more upside to come in terms of shareholder value.
DXB Price at posting:
64.5¢ Sentiment: Buy Disclosure: Held
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(20min delay)