oakagee, page-19

mul

I don't recall the premier said he wants the chinese to take equity stake in opr. in fact, I just said it.

we can argue that the premier will have no alternative but to grant the extension because
1) a large amount of money and time has already been spent on the project
2) to re-tender the porject woll only cause further delays

I am sure murchison is certainly making these points when applying for the extension. however, the premier is also with his right to not grant the extension because of the breach of the terms and conditions of the original tender.

so comprimise will have to be made. hence my thought in my previous post.