next presentation in Singapore, page-9

Yeah I think that needs to be taken into consideration when the CAPEX comes out, financiers will be looking at inflated capex numbers all day so it's not going to be a shock to them.

The fact TMT had reasonable capex numbers previously and they often talked of scope to lower the capex (outside of inflation obviously).

So I think everyone should avoid the cheap analysis of "the capex has blown out $150mil" or whatever..

It will still inevitably be thrown out there by anyone trying to cast a negative on TMT.

But take a look at your next grocery bill for the same stuff you bought 3 years ago. It's a different world.