Ann: Dubbo Project Improved Execution Strategy and Capital Costs-ALK.AX, page-30

You're all being very congratulatory on the strategy to half to project initially to reduce risk.
It begs the question though given this thing has been going on for 8 to 10 years and the extent of the capital requirement being obvious for quite some time. Why wasn't the decision made earlier?
It's pretty clear the banks said no (expletive) way to the $1B.
Did it take the clout of Robert Milliner to TELL Chambers to halve and you'll have a chance? I know which one of the two guys has real commercial nous.

I guess in the end it doesn't matter how we get there, but I don't think the revamp should be seen as some genius move. All the smaller companies are revising their plans to suit the conditions.
Considering the $480 M tag. If we were to sell all of part of TGP to fund equity significantly less debt would need to be raised. This in turn would dramatically reduce the impact of the risk the thing doesn't start smoothly. That we can celebrate.