The comments around the delay in finalising funding which is...

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.