Also do not forget the FEED working currently underway.
This is important as VE will lead to simplification of scope and hence lower capital intensify required. FEED also provides further mitigation of project Risks and more definitive accuracy on the final project cost estimates.
With the retraction in construction and associated supplies across the patch overall estimates may be reduced. All this gives the Lenders a better sense of the project financials.
SDL Price at posting:
3.9¢ Sentiment: Hold Disclosure: Held