Offtake agreements are bankable, that is the importance to PEN at this stage to ensure they achieve the best funding possible.
They clearly have funding alternatives, however the terms may possibly be less attractive than traditional/other forms of funding. Bankable offtake agreements will appease generally conservative bankers.
The SML for me is a given, offtake and funding will confirm the path forward.
Yes they have the hearing, however I don't foresee that as a major project impediment. More a process to appease the intervenors main game of changing the GEIS process. It may cause delays, however I truly don'y believe it will stop this project.
In the "public interest" goes beyond the intervenors personal, at this point subjective until proven otherwise, claims.
No doubt others may/will disagree, however that is my opinion of the way forward.
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