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You are exactly right, I had not thought to look at last years...

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    You are exactly right, I had not thought to look at last years accounts but clear it's just being treated as though it is a $55 million acquisition/asset/liability. Given size of Woodside it's immaterial. Doesn't mean that Woodside wouldn't be happy to negotiate to pay less than $55 million (let's say $50 million to account for cost of capital/interest rates) this year to eliminate contingent liability, but annual reports will not give any clue.
 
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