It is worth reflecting on the FID numbers from October 2021 which indicated a NPV of $1.6bn and annual EBITDA of $260m. Providing they follow through with the build and don’t have a huge cost blow out, we will see the rerate of SP in the months leading up to commissioning in 2026. Unfortunately another 2 years of hard work on the ground but then 50+years of consistent revenue. Sounds like a perfect company for anyone looking to retire!
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It is worth reflecting on the FID numbers from October 2021...
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