I would wonder if there are imminent actions conditional on remaining approvals, whether directors trading on this knowledge would constitute insider trading? Just a thought.
I think in general, it will either be a cascade of events in the next <3 months, like a log jam/dam breaking. Or it will drift until markets improve. And given markets continue to tip to the 'worse' rather than 'better' scale.... I really hope for the former based on IC comments and general murmuring, and a lack of negative movement, Monday aside, in the face of declining market... there is really a solid floor and I'd argue it is the base case economics of TGP. Hence I also see 10c as fanciful (MC = 1.5 years profit, no debt..... unheard of...)
Re DZP though, the back of my mind frets a little over the lack of any MOU's. We previously had various in place, with less formal project approvals etc. Even without final ticks which would allow all financing/agreements to go full speed, some steps back now with Shin Etsu etc to where we were before expiry of the same would be reassuring.
That said I believe we'll be in a completely different position in 3-6 months....
gltah
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