Another small step for PSD, soon a giant leap for Australia LOL.
SFG needs to specificly state that the revenue of A$3 billion is not a one off event, its EVERY year of revenue at full production!
Thus IF EVER PSD gets financial support to get developed then in production this project has major implications for the economy of Northern Australia. I hope that NAIF understand that - rather than revenue going to some unknown location like the Cayman Islands this will directly benefit more than a thousand families plus the flow on benefits.
Strangely though the market doesn't seem to believe that it will ever happen- SFG needs to start providing evidence that the supposedly 90 odd parties who have shown interest in PSD being involved in the development are getting closer to doing a deal - the time is ticking, the wet season lasts until about March, plans need to be put in place before the wet season is over, roads need to be constructed. Tick tock . . .
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