From CEO @DJS IMO, this is the critical statement from today's NR: "This delay has no impact on the overall timeline to production as the Company continues to target receipt of permits by mid-2025 with construction to follow."
I'm a retired senior executive from a large energy company. Over the years, I was part of several teams that brought multi-billion dollar projects from desktops to boardrooms to ribbon-cutting ceremonies.
I can't count the number of times we paused / backtracked / recalculated / reworked / etc. in order to fix a problem or to incorporate an opportunity that had materialized along the way. In deciding whether or not to do so, the first question was always whether it would become the critical path item on, or otherwise negatively impact the timing of, our GANTT chart.
If no, then it was a no-brainer to fix/pursue it, and that appears to be exactly what CNC is saying is the case here. No offense, but those who are upset by and/or selling this "delay" news obviously don't understand major project dynamics.