RE: $400m or $600m ???22 Jan 2019 13:07
Hi Verde....it might just be me, but why are you calling the extra 400-600m ‘contingency’? I thought it was to cover the cost of the mts design change? May be I’m misssing something, but this is what it says in 6/9rns:
“The Company estimates that its revised stage 2 capital funding requirement will be between US$3.4 - 3.6bn (previously US$3bn), an increase of US$400 - 600m and primarily driven by an increase in the revised estimate of capital costs.”
Contingency is something quite different?
R