Paul, hope Darwin is treating you well, understand that you understanding of law is reasonably good, but but but.
They (CTP) promoted the business model of having the options converted for close of AU$50 (million) then all of a sudden the promotion stoped, months later the purchase of the Magellan was announced and the options expired.
They (CTP) promoted the development of the Surprise oil filed, then all of a sudden after having raised AU$10 (million), then all of a sudden the promotion stoped.
They (CTP) promoted the insurance covering the John Heugh litigation/compensation pay out, then all of a sudden the promotion stoped.
I believe that you see a trend should the above three (3) sentences be correctly read. I challenge your assumption that the insurance will cover the compensation, in fact the John Heugh compensation is the biggest payout ever recorded in Western Australia. As such, the insurance company will be fighting hard with its lawyers to get themselves out of a situation, I could of course be wrong, very wrong, who knows.
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