I dont see how its ridiculous. You/they are relying on that 300%...

I dont see how its ridiculous.
You/they are relying on that 300% enrichment for your opex costs. As we found out last year, things can change (substantially) with regards to opex costs and expectations. Hence my use of the words "negative surprise".

Having lots of lbs in the ground hasnt helped us so far when we got hit with a surprise opex number. Just like their lbs wouldnt help them if they have any sort of material opex revision in the wrong way, unless PDN likes running a charity.

I never said they were expensive, or that they were a bad buy, or even that BMN was better if you paid attention to what I wrote.

All I said is that they were looking at things in an optimistic light, and BMN has already undergone negative shocks which MEY may or may not experience.

If you drew some implication beyond that, well, that's your own problem.