Going back to the statement: "the view around town appears to be" .. I'm afraid this does not need proof .. especially since it was correct prior to FGE's SP crash. And wasn't the "view around town" presented to the CEO at the AGM but he knocked it back as being a rumor? tsk tsk.
Capex is correct re Roy Hill .. that is the view around town.
You know Gina loves a good challenge .. she's been fighting Rio and others for years in the courts - not to mention her own kids. Plus if the price of FE ore crashes between now and her Go Live then she would have great excuse to mothball the project. And regardless of what contracts are in place .. she can stop/slow/delay the project at any time .. just like Rio and BHP did during the GFC.
Not saying FGE cant do this .. just saying the risk is immense .. and I would take the view around town well over any crap that FGE puts out as announcements ..
FGE Price at posting:
91.5¢ Sentiment: None Disclosure: Not Held
