The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Also got the impression, that once the declines are in place the project is substantially derisked, so maybe some kind of phased finance may work given relatively modest sums are needed to achieve access to first product.
The last project update was on 15th Sept, two months Monday, wouldn’t surprise me to see an update next week, including news on ESIA and permitting, that could pushing this north, any news on off-takes, strategic partners, financing would say goodbye to the price at these level in my view.
They have already stated in an RNS that they are talking to various parties and have appointed a debt advisor so until something is signed then its not price sensitive information, as soon as pen is put to paper then it’s market news.