So POS have put off FID again, till February next year.It's...

So POS have put off FID again, till February next year.
It's disappointing but we have waited for years already, so are there some benefits?

1) Absent a world meltdown, the takeup of electric vehicles is accelerating and will continue to accelerate as the cost of EVs come down until they reach tipping point with more EVs than ICs. The price of nickel is likely to continue to rise and our deposits will be worth more.

2) Grid power should be available for Black Swan late next year.

3) There is a chance the WA construction industry might cool with better labour availability. (perhaps)

4) POS will have run out of things to study.

In the meantime costs should be pruned and directors should buy some shares.

bacci