"At the conclusion of the DFS spend, the Consortium will have subscribed to a 35% ownership in KNPL and retain the right to increase its ownership in KNPL to 50% upon a positive FID decision by the Consortium."
So is that the right to increase its ownership in KNPL to 50% for no additional cost?
Ann: ARL SMM and MC to form a JV to develop KNP Goongarrie Hub, page-47
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