Cheers Pokerface,
The market obviously disagrees with him too.
I don't see it as 'bad' either, just not compelling.
Aren't these mob paid by TNG to spruik? Anyway his last quote was; "I struggle to see how this is bad news".
I hope they hit something decent though because TNG was in the 6s without Mt Hardy before that nice spike so if it is perceived by the market to be a drain of capital without too much chance of success, the SP will likely drift lower than that.
I certainly hope it doesn't play out like that.
Good luck all.
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