The slides below are the actual steering committee review at Stage 2, rendered exactly as they appear in the PowerPoint — program health (Amber on hedging & distribution), the Gate-1 recycle shown as a resolved issue (the capital-charge correction that took the IRR to 13.4%), the aged risk register with risks moving both ways, the gate-conditions status, the budget forecast within the $27.904M envelope, and the path to Gate 2. This is the review-authority counterpart to the kickoff deck. Walk through them here or download the editable deck above.