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Agreed mate!

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ausinvestor01

382 Posts.

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10/09/24

08:23

Post #: 75601903
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Originally posted by MechanicAl69: ↑

I think this is significant for Phoenix. A delay caused by lack of planning consent (due to those “multi year” backlogs) would have put off any potential acquirer from proceeding.

Clearly there has been a lot of lobbying by interested parties to get this issue resolved by by getting state approval to circumvent part of the existing approval process.

Once ratified, I expect this will unlock the next phase of any acquisition and should be a major update. I’ll be keeping a close watch on this one.

Keep patient all!!!

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Agreed mate!
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