QLD government allocated acres to Senex exclusively for East Coast domgas. There are plenty of other acres that are open slather. Whether for POSCO use, Gina or LNG comes down to which has the biggest profit margins.
Existing shareholders are the only losers in the deal - even if it is only future unrealized profits.
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- Ann: Court approves Scheme Booklet and convening Scheme Meeting
Ann: Court approves Scheme Booklet and convening Scheme Meeting, page-185
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