good news or bad??

Hi all

Could this be the reason we have had a little run lately as investors see GBG as a better investment mid term?
OR
Will the price retreat tomorrow on the news as it was released after market closed.?? Should not really as GBG is prepared to go to 10 million tons in stage 1 without Oakagee. Markets don't like uncertainty,interesting day tomorrow R&R

From the ABC W.A. website approx 1 hour ago.


Oakajee port and rail project delayed.


The consortium behind the Oakajee port and rail project has announced the project is expected to be delayed by up to a year.

Oakajee Port and Rail is backed by Murchison Metals and Japan's Mitsubishi Corporation and won a tender process to build the $4 billion port, north of Geraldton.

The company had been promising its first shipments from the port would be in early 2014.

In a statement to the Australian Stock Exchange today, Murchison Metals says it has now revised that date to early 2015.

Murchison says it has formally requested an extension of the project deadlines with the WA Government