the chances of it being developed is probably less than when that study was announced. I actually think that GRR made an error in not flogging it off when IO prices peaked.
Only hindsight tells you when prices have peaked. A good company never flogs off an asset of that quality when it provides the only obvious path to growth beyond what they can extract from current operations, thats a recipe for shareprice stagnation and lack of institution interest..IMO the chance of it being developed is higher than ever simply because of our growing cash situation and you can see that by the change in management narrative around the project...
Cheers Whisky
Next Ship, page-353
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