Keep in mind the Euroz research note at the time of calling a speculative buy had a price target of $1.08 when the SP was already at 80c.
Interesting comment around not being satisfied with the commissioning. I wonder if that means they are not (yet) satisfied to the extent they aren't willing to remove the 70% discount factor from their valuation? If so, fair enough I think (for now).
I'm guessing they aren't willing or able to put a speculative buy on the battery stuff either, probably until PFS time (hence why they couldn't call prior to 80c)
Next train station: "$3-City", page-221
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