Ann: Blackstone Completes Ta Khoa Refinery Pre-feasibilty Study, page-80

Based on what Scott has said today about funding sources, I will do something most HC posters can not do and man up and admit I was wrong.

So on behalf of myself earlier today...... I apologise.

The Managing Director has said that dilution is not baked into the plan. That alone should result in a re-rate as that is the largest risk from an investment perspective. This project will go ahead in one form or another, 1 train or 10, the question was always what the final NPV would be.

Because if "Twiggy" was on the board and announced a PFS of this calibre with the same variables left to answer, how do you think the shareprice would have reacted?