I’m sure there will be a lot of lobbying going on in the background and would have been a lot going on along the way. The fact that they have gone straight to legal proceedings means a friendly resolution is unlikely. It is possible that the government instructs the MoE to issue the approval. Hopefully the Chinese also throw their weight around as a lot of investment from China could be jeopardised
PDZ Price at posting:
69.0¢ Sentiment: Hold Disclosure: Held