The comments around the delay in finalising funding which is almost entirely down to the UAE side being perceived as mismanagement really do seem odd.
Plan B involves securing private capital in an environment of high interest rates, falling commodity price on an unproven tech at commercial scale from a somewhat unconventional ore.
Reckon if I popped down to the local anz and asked for a loan based on this they'd laugh me out the door.
We know what government departments are like and LPD is certainly not in a position to kick the door down and make demands to accelerate things. By the sounds of it even Cygnus were given a false read.
Yet to hear a reasonably contructed and rationalised arguement about what anyone would have done differently without the benefit of hindsight.
Fair enough to be frustrated, I think we all are. But a decent objective reality check on the situation puts it into context. The options are either accumulate, sit tight or move on.
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