Having managed large scale projects previously, some degree of slippage in the time lines is quite normal. IMO the fact that an announcement regarding funding has not been made in the 6 trading days since the end of the last quarter does not mean that management have done nothing towards finalising the funding. In a project that has an 18 month time frame for completion, 6 trading days is minimal slippage and for all we know the funding could be in the process of being signed off and announced in the next few days.
The market has been advised previously that the long lead time items have been ordered and the funding for this would no doubt have already been on hand given the funds on hand. IMO a slight slippage in the funding being secured and announced will have minimal impact on the timelines being met at the other end of the project.
All IMO
Having managed large scale projects previously, some degree of...
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