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Message: Insurance for pilot plant

I’d love to post this as a question to BT but lately he’s developed a pugilistic tendency to shout FUD and come out with both arms swinging. Besides, there’s a lot of knowledge and experience here and I’m sure someone in the readership can answer.

The question is why take out the replacement insurance for the pilot plant when it is $6.2 MM, and 50% more than when it was $4.2MM? Is it because the pilot plant didn’t actually exist outside of a computer simulation and didn’t have any flesh and bones to insure?

 

Brgds,

A-G

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