Ann: Sustainability Performance Data Sheet - FY2023, page-7

the problem is that they have all these alternative commercial finance deals lined up

but what they don’t tell you is that

if UAE doesn’t agree to ownership structure..Phase 1 UAE would be dead imo

Phase 2 in this scenario would be ‘expedited’ but substantially delayed in comparison to Phase 1

Management would be gone, and I think LPD would be sold cheaply to survive