To be honest I’m not even sure there’s much point in showing us...

To be honest I’m not even sure there’s much point in showing us any revised economics at this stage.

The inputs are constantly changing and whilst a staggered start up is obviously to the downside, there are also others moving slightly in our favour e.g. exchange rates and transport costs.

If they released modelling showing the impact of say starting with a 100ktpa plant, then moving to 200ktpa in year 2, 300ktpa in year 3 etc that would still be completely useless. Put simply, the market is just not going to believe 200/300ktpa is achievable at this point until we see pen put to paper.

The capex question is one you’d think they would definitely have an answer to, but I expect they’ll want to keep that close to their chest until they figure out what their funding options are and if a debt component is even realistic.