(09-07-2015, 08:15 AM)Putncalls Wrote: I might procrastinate on that 2 billion payment if I was Total.
However, you are not, and cannot know their internal dynamics and thinking. I think they have higher priorities and processes they have planned, staffed, and budgeted for, including those payments. I think part of what Lynn was trying to say is that those certifications are part of the process and are needed to proceed with and complete Basis of Design and FEED, and Total would not be undermining the process and the JV by improperly trying to "procrastinate" on their obligations. Also, jft is right about deadlines in the SPA for certification.
Thanks for the research and feedback.

