Hi guys,just wondering what holder’s thoughts are on the SBLC pro’s and con’s…
One would imagine a number of possible SBLC will be on offer…Continued progress has been fantastic
Would we be better off going with an SBLC that required an early off-take agreement signed or would we have more leverage in pricing mechanism the closer we are towards commissioning…?
Imo would much prefer the off-take agreements are not required with the successful bidder…
With only a few weeks left till August arrives time sure is moving quickly…Great time to be ahead of rising inflation concerns where projects that have not started May have left it to late…40% cost blow outs to be expected for new projects…
Regards Croc
Ann: Lindi Jumbo Project Update, page-294
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