The apparent demise of the Swedish site if true, and it's a long shot that it's not, requires an announcement. It most certainly is 'material' and most certainly price sensitive. That's not to say it's not logical/sensible/preferable but as our proposed 2nd SGP site and next to Northvolt at that.... leaving it unexplained and the Swedish article unexplained would be an ASIC worthy mistake by the Board.
More so that it can be explained with the most simple of explanations either way. " no... the article is false... nothing to see here" or " yes, we have allowed the site to lapse as we finalise investigations of other sites in Europe more aligned to our strategic medium term objectives" or words to that effect.
So what are the 24m villagers in the square to do?
Nothing.
Nothing at all today is my suggestion
Why?
Well... The Swedish site lapsing and holders seemingly discovering market sensitive information via the press, is the perfect opportunity for the company to show that they actually have been listening to holders. The perfect opportunity to correct the misinformation if untrue. The perfect opportunity to defray markets concerns if true.
So ... let's see what happens tomorrow. if they don't address it it will only solidify the anger/angst and call for change... and add more holder support....from ALL levels of holdings..... and if that path is needed we will need all the support we can get. No bad outcome waiting 1 more day.
Let's all hope for a detailed update tomorrow.... after all that's all that any of have ever wanted
564xxl
Oh ...and AS knows about the article ... a stack of people have called/emailed/SMSed/DMed him "asking nicely" about it
And AS ... if in comms mode maybe update the market about the IP responses/Kwinana delays and revised dates/ Epanko status. Etc
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