What do the “likelihood” ratings mean and how should we interpret them?

Each project record is assigned one of three likelihood ratings - High, Medium or Low, based on its maturity, visibility and risk profile. A “High” rating indicates that land control is secured, permitting is advanced or approved, utility/infrastructure access is confirmed (power, water, transport), financing or government incentives are committed, and the developer has relevant experience. “Medium” signals that there is progress but more uncertainty remains, such as pending land acquisitions, early-stage permits, or unconfirmed infrastructure access. “Low” means substantial uncertainty exists: perhaps land or zoning is unresolved, infrastructure access is unclear, financing or partner commitments are missing or the developer lacks a proven track record. These ratings allow users to filter or weight the dataset by execution risk rather than taking all announcements as equally likely.