“Not upgrading to a 4mtpa at this time is not an issue at this time as it can be done when SC6.0 pricing (eventually) turn; this can be 6 months later or even 2 years later and if pricing allows; this can be funded from sales generated cash instead of a loan or capital raise” @Anteviariel
Seems like someone else took management at their word that none of the 4M expansion had happened and wouldn’t happen until pricing recovered and a decision could be made on economic viability…
DYOR IMO
Ann: Kathleen Valley Funding Package, page-664
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