Read the full thing mate and dont just pull snippets out to suit your own narrative.
It is clearly not $1b in debt. The CAPEX is in 3 phases over a near 8yr timeframe funded by DEBT, EQUITY AND OPERATING CASH FLOW.
As for cost blowouts - they have a risks section and this is an obvious risk listed in any research report. It doesnt even say cost blowouts all it says is ‘the project may cost more than expected’. Guess what? It might also cost less than expected
Ann: ABR Provides an Update on Recent Positive Progress, page-115
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