Those were my initial thoughts too - nothing at all happening in this first quarter and FID - which since the change in strategy was targeted for a vague "2022" - now confined to the very last quarter of 2022
In the 23 Nov Integrated Layout announcement it was mentioned Clough's delivery of an updated CAPEX was expected in May 2022
" Clough will work with TNG’s Project Team and have support from SMS to undertake this next engineering and design stage and deliver an updated capital cost estimate for the development of the Mount Peake Project – with this stage expected to be completed by May 2022."
However listening to the 26 Nov Small Caps interview PB said, in relation to updated CAPEX figures:
"we indicated in the announcement that it's going to be by the second quarter, my expectation is it's going to be end of first quarter. That's what I'm hoping"
to which Kerry said:
"I love it: under promise and over deliver. Well done" which one can only laugh at
Go on Paulie, over deliver like only you can do!
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