For me, the key in this announcement is the following line:...

For me, the key in this announcement is the following line:

“Importantly, it also highlights that Talang Santo’s true value can be unlocked by implementing some relatively standard Australian operating practices”.

That to me suggests that the water issue can be solved at a cost that makes economic sense. An alternative outcome of this review could have been Mining Plus saying “Yes, the orebody is great, but it will cost you so much to get access to it that you may as well leave it until the POG is substantially higher”. The fear of such an outcome may be what pushed the SP to below cap raising levels over the past few days.

IMHO+DYOR