Share
1,317 Posts.
lightbulb Created with Sketch. 217
clock Created with Sketch. 07/03/19
16:08
Share
Originally posted by 2ic:
↑
KBkim is asking, on behalf of the many subbies etc that will be employed at TB, how long do they put off chasing other work or change plans? TB will be a big and long build, a lot of locals would have verbally committed to the EPC contractor and have expected things to start by March as SFX has been planning for a while. IMO SFX will have moved to a FID (decision to mine and all lights green) before Easter (Apr 21st) if the mine is going ahead at all.
Expand
Don't want to open old wounds or new arguments, but the share price action is symptomatic of a company about to go into a trading halt and raise a lick of equity as part of the equity finance package. ie word leaks of planned raise, sellers come in, buyers disappear, support bids a placed by company brokers, spruikers hit HC to settle nerves. Just saying it's symptomatic, no more...
(20min delay)
