Ann: 2Q23 Quarterly Activities Report & 5B, page-27

Spot on.

In the current environment, if you are going to build something, you have to have absolute trust in your suppliers. That they are going to come in on budget AND on time AND they have the people with the right capabilities.
When local suppliers BS right to your face..................well we see the result of that.

STX are learning fast as this scales bigger and better - the modular approach and going offshore (i.e up the supply chain) for build supply makes future plants in danger of coming in on budget and on time.

Or you BUY stuff...............already built.