It's been a bit of a wait for some bullish share price action....

It's been a bit of a wait for some bullish share price action. Nice to see some big green numbers for a change.

IFE was/is a bargain and looks to have drifted far too low as a result of a lack of news flow and general market fear. Happy that I took the opportunity to "support the sp" during the difficult times.

It doesn't really make much sense to pay 20% more for this based on this announcement. The approval was a certainty really; just a matter of time. Anyone who had done a little research would know that the SA government is pushing hard to make this work.

Of course, it is still a huge bargain. Obtaining favorable debt finance should be the real SP kicker, as it means:
a) Very little chance of another cap. raising.
b) A bank with access to full data has faith that the project stacks up.

Lets hope it is indeed a mere formality post PEPR.