that's right if BHP took a minority it gives maximum long term upside since it is reasonable to assume they will grant infrastructure access and it won't be priced as stranded...rather it will be priced for 3-5mtpa in 2-3 years time
but I don't think BHP will just sit on 19.9%, why would they take a passive holding (except as a blocking stake), nor is it change of control
bhp, page-19
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