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During the 1930s the Royal Navy conducted deep refit's on 3 of its 5 Queen Elizabeth class Battleships and one of its Renown class Battlecruisers
But I always wondered if more of the Battleships and possibly the remaining 2 Battlecruisers could not also have been modernised?
Italy with far less in the way of industry etc managed to refit its 4 older Pre Jutland Battleships and Japan did the same with its 8 WW1 era Battleships and Battlecruisers
Starting with a POD anytime in the early 30s realistically how many of the 13 older Battleships and Battlecruisers could be given a 'Deep refit' along the lines of HMS Warspite, HMS Valiant, HMS Queen Elizabeth and HMS Renown?