Ann: KBR MOU and DFS Update, page-61

A 3-4 month delay of DFS to meet some financing conditions, not a huge deal

they still didn’t deliver the DFS on time so it’s strike one for QPM, regardless if it was out of their control

Does raise some questions tho
Has there been a Capex blow out?
or is it just due to the complex nature of this world first tech project which needs to be derisked as much as possible before FID
Could this delay result in a better $$ financing deal for the project to allow for larger Capex?

unless you’re a QPM board member we can only speculate
I’m happy to hold to DFS to find the answers