Sept Quarter, page-10

The 500mill term sheet announcement has many 'conditions'

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...is subject to a number of conditions and customary terms for a project financing term sheet, including the following:

... concluding a cost benefit analysis in accordance with the provisions of the NAIF Investment Mandate1, which will be important in determining the level of concessionality that NAIF can offer the Project;

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seems odd to me that no cost / benefit analysis has been created on an overall project well over $500 mill spend