The State Govt was quick to hand over the cash like a thief in the night. Cancelled the PELS immediately to hide their fortune!
Suppose Mel can now take their $100 million writeoff with them, if they merge with another gas junior, to offset any gains in the future. SA and NT pollies are very interested in the gas industry in their States. Saw some interviews on ABC months ago.
Ann: Settlement Receipt, page-3
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