announcement good and bad, page-3

i agree the Mooinooi issue will be resolved, i have halved my valuation of that particular PWP from 50cps to 25cps as i suspect all the other party wants is a cut of the spoils.

As you say, the "economies of scale" from todays deal pretty much guarantees the project will get the go ahead so is huge news, will also mean less dilution of shares to start up so less dilution of value in the washing projects.

All good, is always good to be invested in companies with quality management, gives you confidence that things are ticking over in the background and if they are not they promptly notify the market about it.