Let’s compare to my “best-case” simplified list posted in April:
(Latest guidance from lake in bold in brackets)
I said (20/04/2023):
Afaict, even a 10ktpa plant will likely take, best case:
-ESIA report submission: late 2023 (Q1 2024)
-Govt review, consultation, etc etc and the issue of permits: late 2024 (Q1 2025)
-Funding secured, FID: end 2024 (Q4 2024 & Q1 2025)
-FEED and detailed design: if paralleled, end 2024 (Q3 2024; FEED)
-Construction: 2025 + 2026 (2025 + 2026 + H1 2027)
-Commissioning and steady-state production: mid 2027 (H2 2027?)
-Ramp up to (near) nameplate: late 2027. (Q4 2027-Q3 2028; 25ktpa)
—-
I’d call that a dart pretty damn close to the bulls eye.
Still doesn’t account for inevitable issues and hiccups along the way. Add 20-50% imo, assuming no dealbreakers, that is.
dyor
LKE towards TOP-5, page-23441
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