Hi All,We are all extremely disappointed with the SP decline in...

  1. 1,263 Posts.
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    Hi All,

    We are all extremely disappointed with the SP decline in the last 6 months with considerable uncertainty about the future of this project. There are various aspects of the project that everyone will agree on. For example, quality and the scale of the asset, three government recognitions, a historical and current list of LOIs, Mitsui's previous funding support for the BFS and mine construction, a new port and land agreement with Flinders authority, 100% ownership of the project, proposed slurry pipeline with superior ESG credential, existing infrastructure and available workforce in close proximity in Broken Hil, etc.

    So now the million-dollar question is how to make this project successful. What's done is done but now we have the opportunity to learn from past mistakes and move forward with attracting a solid JV partner that provides funding support in the most favorable and least dilutive terms for shareholders. Please add your suggestions on this thread and I hope management will notice it.

    Cheers..
 
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2.1¢
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Price($) Vol. No.
2.1¢ 259218 3
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