As part of it OIO consent application, SIRRL were required to submit an Investment Plan, see below. This included claimed benefits of: Job increase, capital expenditure, energy production projections, the introduction of new technology, evironmental benefits and advancing government policy. The plan also included financial expenditure, projections that show the investment into NZ amounted to $242 million, not the $350 million portrayed in the media.
The Investment Plan contradicts SIRRL’s resource consent application projections and calculations and shows SIRRL exagerated benefit claims in its OIO application, provided inconsistant job figures, provided impossible aggregate recovery figures and failed to provide any directly comparable negative impacts resulting from the investment, despite an OIO Act requirement to do so. This shows a consistant pattern of behaviour from SIRRL, as its Fast-Track application projections and calculations were again inflated and failed to align with its resource consent application material.