I have wondered what the impact of closing a deal that is in dispute might be. Wouldn't it be funny if WPL get caught out twice by the JOA. If FAR win PE rights then they have the right to purchase the 35% for the same price as WPL, whatever that turns out to be. The price includes expenditure by COP up to the relevant date. I would think it does not include any subsequent expenditure as that was not part of the deal that FAR are seeking rights on.
Now before the negative Nellie's get their collective knickers in a twist, I don't know this for sure, it's just a hypothetical, I'm not relying on it to secure my investment and I don't care if it turns out not to be true. I just think it would be funny.
Oh, I'm still waiting for you to tell me why it matters if WPL have Gov approval or not and how it will stop FAR getting the 35% if they win.
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