Ann: Frieda River Feasibility Study Addendum Update, page-2

worth a reminder of the numbers previously advised, but if you only have time to look at one thing, look at the last graph, which shows that as a result of the "Addendum" work (i.e. some of the extra work that HIG said was necessary to properly complete the Feasibility Study) an extra USD$540 million revenue has been generated in the first 5 years of operation.
You may also infer that:
- partner GRAM / PAnAust may not be to keen on showing how good Freida really is (and had to be pushed by HIG into doing the Addendum work)
- other HIG ideas could make Freida even more affordable and profitable.
just IMO of course