Cost blowout on phase 2 is always a possibility. Last quarterly had the development as "on schedule and on budget" but it is still early days. I notice the Ocean Patriot still hasn't moved - late May is upon us and we should be due some news soon. The sooner it moves the better - I hate seeing project overhead clicking over whilst waiting for the main event.
Given the discussion here over the last week, Phil could really help out with some answers in Friday's presentation...
1. Spell out the operating cashflows and funding through to the back end of the year.
2. Provide the necessary assurances that it is enough to cover Phase II and Baragatan and a contingency
3. Provide an update on Phase II timing and budget
4. What is the plan with Galoc North?
5. What is the plan for SC58?
6. What is the plan and timing for West Linapacan?
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Cost blowout on phase 2 is always a possibility. Last quarterly...
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