I'm always wary of feasability studies which are based upon hypothetical future prices. Predicting the future never works (who predicted the current price 5 years ago?). Good projects can justify themselves at the current price, a moderate downturn, and any uplift is then gravy on top.
The Good is the excellent opex. The Bad is the significant total capex. The Ugly is the reliance on forecast prices.
I would love for them to release some data on the economics with a flat forward curve.
I'm always wary of feasability studies which are based upon...
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