Interesting stuff, Thadius. I just think back about 18 months, when everything looked to be full steam ahead; then the SP was all set to motor past $1. Then the project was seen as attractive by the market and only delays have scuppered things, rather, I think, than the quality of the project. The good thing is that in the intervening period the shareholding hasn't been diluted to buggery, so if they can finally put the show together by early next year I see every reason to think buyers will return and push the SP way higher than at present. To me the current SP is more befitting a company with half-a-billion shares on issue, so if the project takes off it'll have plenty of scope for a major upward retrace. 50c on commencement of production? Why not?
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Interesting stuff, Thadius. I just think back about 18 months,...
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