two additional points:-
1. We don't know yet what SE1 actually looks like so analysis of funding requirements is premature.
2. With the $60M tranche capitalising, and the DBNGP/debottlenecking resolved, 40Tj/day of revenue in CY25, $150M+ pa.?, will be accruing for deployment.
In short, the Gas Acceleration Strategy is back on track
Ann: Terms agreed for $153m Development Funding Package, page-35
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