Quote from the article above
"To that end, the Scarborough sell down is a classic of the Beaven kind. Half of a long-dated option has been monetised while BHP will retain leverage to any upside that might be generated by the delivery of the asset to an investor with arguably more motivation to make more of it more quickly."
HT1
Ann: Woodside agrees to acquire half of BHPB's Scarborough assets,BHP-WPL.AX, page-14
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