What a sad state....
more shareholders are leaving, there is a view that the company wont find a full funding solution by the time the permits are issued.
It will be interesting to see what happens, but without funding the project will be put on hold until sentiment comes back to thermal coal...
When one of the majors - refer to last change in substantial holdings - leaves- there must be a reason.. (although they still have a chunk of shares)
only cure is a miraculous recovery in thermal coal....
the only question for me is - who the hell is buying and why?
Head back in the sand!!!
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