Yes it seems they will have no worries getting the approvals they need. One would also think on the railway line.
Then it just makes me continue to wonder why is the price being kept down so very obviously?
Surely no one is in this stock at this time to make a few hundred dollars so day traders arn't the issue but there must be some control issue happening behind the scenes either for Todd Corp to get more stock cheaper or someone else wanting control?
Even with IO prices down RTA provides much more then just an IO stock. If you have good forsight the infrastructure project very well may be completed with IO prices heading back to the top of the cycle.
RTA Price at posting:
16.5¢ Sentiment: Buy Disclosure: Held