Thanks for the reply.
I'm talking about a financing deal when I mentioned 6 months. They aren't doing that in the middle of the desert. I don't see mobilizing equipment and materials for construction being a critical issue here.
I haven't done my homework on the output issue you mentioned, but I do know about it. Was there a huge design change to the plant? If not, why the delay? We're financing the construction.
I'm starting to get that feeling when lenders are dickering around and making demands. It usually means they've lost their enthusiasm or have the upper hand and are trying to exhaust the borrower into concessions. Maybe I'm wrong, but if the lending market is competing for this project you expect to see less demanding lenders. They also don't have a problem walking away from deals they (or their bosses/board/etc) don't like. It happens a lot.
I've read all presentations for a long time. They are not reliable. There is also a lot of big picture scenario talk about all of the different ways they could structure this. The schedule does not feel solid to me at all, and has unfavourable schedule variances regularly.
News 
Market Data 
Discover 
