Nobody said that they started to build. They are clearing the site and did some ground tests they need to determine the fundament and to get the building consent.
Not sure I understand your position. If you are so scared I assume you are not holding. But if you are not holding, than why are you scared? Confused.
Looking at the details - they had recently a CR to fund the site clearance and preparation ... and that's what they are currently doing. What other works have they charged to investors?
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