True enough. Nevertheless, Scott Jordan's star is definitely on the wane following this outcome.
Not only has he failed to prevent mining Riley in future (if and when the IO price recovers), he has established a perfect case study of how green groups abuse the courts to impede and frustrate legitimate mining projects. This will now serve to diminish the scope for future legal actions of this kind, as government ministers are more fastidious in how they administer their functions under the EPBC Act, and as the Federal Coalition and Tasmanian Liberals seek to legislate against future court actions of this kind.
If and when the price of tin/iron ore recovers strongly, the efficacy of green groups like STT has been effectively neutralised by the way STT's actions against Shree and Venture have played out over the last couple of years. They have fired their only shot in the locker.
- Forums
- ASX - By Stock
- Hefty Bills
True enough. Nevertheless, Scott Jordan's star is definitely on...
-
- There are more pages in this discussion • 16 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add VMS (ASX) to my watchlist
|
|||||
Last
1.9¢ |
Change
0.001(5.56%) |
Mkt cap ! $46.34M |
Open | High | Low | Value | Volume |
1.9¢ | 1.9¢ | 1.8¢ | $15.63K | 846.0K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
53 | 8478543 | 1.8¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
1.9¢ | 3425502 | 14 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
52 | 8428543 | 0.018 |
29 | 10244211 | 0.017 |
10 | 2460000 | 0.016 |
8 | 2026032 | 0.015 |
3 | 825000 | 0.014 |
Price($) | Vol. | No. |
---|---|---|
0.019 | 3290500 | 13 |
0.020 | 233319 | 4 |
0.021 | 620370 | 5 |
0.022 | 1874620 | 6 |
0.023 | 1857668 | 7 |
Last trade - 16.10pm 16/07/2024 (20 minute delay) ? |
Featured News
VMS (ASX) Chart |