more ships, page-15

Hi Stipe777, so yes its a no brainer that KML will get to 10mtpa but there is a reason that it is important that KML gets there ASAP. Delays result in IO orders going to competitors who in turn become stronger and able to fund IO production expansion creating greater competition and downward price pressure for IO that has a negative impact on KML performance. Also delays to Phase 1 result in delays to Shine, Phase 2 and 30mtpa. Any money lost to competitors is never won back. Delays just create stronger competitors and less revenue/ profit to KML and weaker SP for investors. sdo