will there be a new 12m low today, page-2

Reading the new presentation It seems the financing will be rescheduled for the 2nd half of this year without delaying the development / production schedule. For me this is good news as I would hate to have sold equity in the project right when coal prices are overshooting to the downside. Looking at the OPEX chart in the preso it seems we would be one of the lower cost producers implying that other mines would be shutting down before vista would need to (restricts supply, increase prices etc etc)

Happy to let sanity prevail and arrange finance in an orderly market.

I also notice the appendix 3ys outline a change in custodian for HP. I wonder if they found out that HSBC are the ones lending stock to the shorters?? Or is there another explanation for this. Food for thought.

All IMHO only

Good luck to holders.