Overhang26 May 2019 19:16
GK
I concur with your overhang viewpoint. Comparing to stage 1 is like apples and pears. Not so sure about us being put into a position where we were ' up against it'. There's a lot we don't know, or ever likely to, regarding funding negotiations. I think the fact Fraser had JPM as a fallback / alternative option shows he was covering his and our arses as best as he could under the circumstances.
Have to admit that I don't absorb the minutia of construction progress and the exactness of the timelines, although I do enjoy learning the intricacies of our progress as imparted by the likes of yourself and Myosotis et al. So my question is our ability to go straight to 13mtpa as you state we may considering the construction build is initially for 10mtpa.
As for the conspiracy to move holdings from Pi to II there's surely nothing to discuss: as you state, no one is forced to press the S button.