napkin economics, page-2

Well as the week has progressed and theories along with it, where are we now in the ongoing soap opera...

1: The general consenus appears to be that 30days was the PE period.
2: We are now in some sort of extension.
3: This has now become a legal issue.
4: CNE not interested in PE..have doubts about that.
5: WPL are unaware of any impediment leading up to Govt approval as one would expect them to say.
6: FAR is definitely trying to extract something from the situation.
7: FAR is in a position to PE, far from certain but likely.

Assuming the above is correct then WPL has everything to lose if a decision went against them and FAR would rather come out with something rather than nothing , so its not difficult to imagine FAR waiving their PE rights and in return WPL throws us a bone, which would likely come in the form of some free carry or tie up with DJ or even GB.

No loss of face by either party and both come out of negotiations grinning like Cheshire Cats and claiming they had screwed the other player...

The other option is to leave the final decision to others and the winner takes all...I seriously doubt either party would take that chance if it could be avoided.

Cheers Whisky