Management cannot change the cost of the CAPEX by over $100 million. Just because they are nationals , just because they have connections does not impact the CAPEX cost that greatly.
I understand what you're saying but see it as irrelevant to the actual CAPEX cost because the modules/ plant will most likely be built abroad and imported. Good connections or not I just don't feel that the figure presented is achievable, maybe BGS and the rest are "overpaying" but it seems like a huge discrepancy.
At the end of the day is PSC can get a 1.2mtpa plant built for $52.5 million USD, who cares because it's dirt cheap and beats its competitors in CAPEX cost significantly
PSC Price at posting:
3.0¢ Sentiment: None Disclosure: Not Held
