If we have a firming up of the IO over $65 and the AUD gets back to under USD75c, then I would expect a bit of a jump to 8-10c. Then a CR to finish the work needed to get the project into a bankable proposition and Then we might have some action. Don't forget, at full steam ahead and funding falling in place, we are still 4yrs from making $$$. The market is rightfully pricing in a lot of risk between now and then.
Watcher, page-3
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