Running discussion on SP, page-57928

Completely agree @Chillaxed .

I have always said the real fun will begin once the ML is signed off because that is the green light for Insto's, Fund Managers, ETF's and Super Funds to start buying in and then momentum starts to feeds on itself. As they buy in the MC goes up, we head ASX 200, more buying and on and on.

Also, as you say once the ML is done the BFS and FID will follow very quickly thereafter.

It’s also the point where big TO offers from left field majors become a possibility (not that I want this to happen).

So for all these reasons, the ML is by no means factored into the SP but rather will be the key that starts the really impressive SP growth. I now think there is a good chance of heading to $1.50 - $2 within the next 6 months and certainly above $1 before the end of year.

Super exciting times coming up.

GLAHs

AIMHO