yeah but still way to go though
- Updated MRE for the 5 current areas drilled (potentially 2 OP & 3 UG)
- then the Upstream PFS
- continue drilling existing areas & look into the remaining 20 areas + Chin Van
- Pilot plant phase 1
- U&D - DFS
- Re-start old refinery
- Pilot plant phase 2
- Offtakes
- JV
- FID
we’ve got about 6-8 steps & around a couple of yrs to ensure all other t’s are lines etc while they look to secure supply for the remaining 50%.
but yes, I do admit, base supply is definitely the rate limiting factor with bsx (apart from lots of moving parts).
I sill admire their plans though which are highly ambitious by every account & hope even if they achieve 75% of ehat they set out to be, metrics will still be pretty good come 2024-25 (& if nicel stays above this 20-21k we’re looking at a solid re rate over time).
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