In previous interviews and podcasts, the company has said the fastest route to market is the 100mw RFP. So yes another delay there isn’t likely to be well received by the market. 4m traded in AIM post announcement, yet only 250/- traded today in ASX. The light trading on ASX is surprising - maybe then AIM oversold.
What continues to confuse though is the regularity of mixed messaging by the company. Eg 10 v 100, although this recently resolved;
Also RFP quickest route to market, yet when the speed bumps on this occur they are quick to emphasise other offtakes are imminent. They have been imminent since news of tender cancellation - and 7 months later .....
Maybe talk less, say more lessons can be learned now. Maybe living every step of the journey through RNS and with Justin Waite isn’t the best strategy. But the next VOX for sure will be fun - I wonder who from management gets to appear on this. And who’s fault will it be this time...
TOU Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
