Below is basic of agreement covering JH and JHEP
- Joint Venture agreements executed with Mitsubishi in September 2007;
- Initial payment of A$150 million for a 50% interest in Crosslands made by Mitsubishi in September 2007;
- Deferred Payment for Mitsubishi's 50% interest in Crosslands expected in December Quarter 2011, prior to a final investment decision;
- Mitsubishi to manage arrangement of all debt funding for JHEP and infrastructure projects under Umbrella Financing Agreement ("UFA");
- Mitsubishi required to provide to Murchison up to A$400 million in contingent equity type facilities under the UFA;
I will let you do your own research on OPR arrangements.
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