prescribed project status terminated by the govt and construction now expected in 4 years!
As warned years and years of studies and approvals required.
It cost a peer circa $250m on these studies and approvals, including FEED, with a 200 strong person workforce.
Good luck raising the cash required.
The new guy seems decent.
Welcome to reality of what is required to get these projects to the starting line.
Ann: Investor Presentation, page-2
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