At this stage, we don't know how that a drilled and grouted mooring is what they will be using at Sandpatch.
The name Sandpatch, suggests the sea floor may not be suitable for that type of anchoring system. It would also mean that they would require a jackup barge, something they said they wanted to avoid because of the cost, (can be up to 30% of total cost from memory).
From what I can tell from following UWA COFS research, a caisson type foundation might be the choice this time.
CCE Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held
