Ann: Gulf Signs Power Purchase Agreement, page-6

Yes, another joke from Hamish. No mention of cost of the power which is the most important item. Hamish doesn't want to scare the troups. A miserable 20 MVA for 5 years that wouldn't even power a single furnace in OM Sarawak. How does GMC plan to expand beyond those 2 x 7 MVA second hand 50 year old furnaces. At least the power bill won't be much at a minimum of US$80,000 a month for the first two years, ramping up to US$400,000/month.
It sounds like there isn't going to be much production in the first two years, as 20MVA for 40hrs/month will only produce 260 tonnes of MC FeMn that won't be enough to even pay the snouts at the trough.