Sydney presentation, page-2

To be honest, I was rather hoping they would be getting the responses for the tenders in this quarter, but the company now seems to be suggesting November. So by the time they've put all that new pricing into an updated financial model, it will probably be December or maybe even early next year until we see the updated financial metrics. It now seems probable that the final decision from the EPA will be on a similar timescale, given the expected timelines from the EPA, from the point where the ERD is approved in stage 3 (so perhaps 8-12 weeks following the ERD approval, even if it came out in the near future). Its not looking like they will be reporting a stream of good news stories in Q2 FY22, as they previously suggested. I feel the SP will continue to drift sideways.

All IMHO, DYOR