SFG 0.00% 0.2¢ seafarms group limited

Very much appreciate your view Simmrr, and whilst I'm very much...

  1. 746 Posts.
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    Very much appreciate your view Simmrr, and whilst I'm very much a fan of SFG and it's long term potential,  I agree that there's always market risk.

    I agree that you can consider PSD  as speculative still at this stage, but I personally remain bullish for a number of reasons, including but not limited to:
    1. PSD has ticked off so many hurdles in the past few years (esp. ILUA, environmental permitting, Legune Station agreement);
    2. All stakeholders (including Fed govt and NT, WA govts, AND opposition political parties), Legune land Elders, environmental lobbyists, locals, are very positive on its development;
    3. The agreement with Nissui;
    4. The highly attractive commercial benefits of the project for a long time. 

    Of course the possibility of a severe market downturn could delay the financing, but my view is that the project is sufficiently financially attractive to attract at least 1 other major investor in the next 6 weeks or so.

    I've been a shareholder for many years and certainly don't plan to get out at this very critical point in time when the project could change from being a great concept and dream to reality.
 
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