Although there has been lots of talk about lack of guidance in the Diggers and Dealers presentation in August, I would expect that company announcements are more the relevant place for news and updates. The last quarterly clearly stated that EPA and works approvals, FEED and Offtake Agreements were all expected to be completed by end of Q3 “ahead of a FID”. The presentation said FEED was 95% complete. Offtakes have been ready to sign for a year and so that only leaves EPA works approvals holding up the show.
Either we will see lots of news in the next 2 weeks or we will see an update explaining again why news is delayed. Hope it’s the first outcome.
H
BML Price at posting:
16.0¢ Sentiment: Hold Disclosure: Held
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