The awarding of the mandate for financing to a global consortium, with Macquarie the lead, was a big step in the Dairi project...and probably backs the recovery in the shareprice.
At least we have certainty over Macquaries involvement...remembering Macquarie have a VERY LARGE chunk of HER shares.
Of course the consortium still needs to do a full due diligence...and that could take time, but i expect in the end the project will get the green light. Unfortuantely its taking a little longer than i hoped. I have learnt patience though over the last 10 years of following the markets.
Cdchi1
HER Price at posting:
0.0¢ Sentiment: None Disclosure: Held
