Origin at the announcement of its entering into the commercial...

Origin at the announcement of its entering into the commercial arrangements stated:
"Under the agreements, Origin secures a 50 per cent equity share in five permits with BuruEnergy, and a 40 per cent equity share in two permits with Buru and Rey Resources (Rey) in exchange for carrying $12.3 million of their share of work program costs. The total estimated spend by Origin over a two-year period is expected to be approximately $35 million inclusiveof a two-well drilling program and seismic work."
Normally there would be an "act in good faith " provision in the agreement and in any event the law usually holds that there is such an obligation on a party to a JV arrangement.
In terms of proper disclosure shareholders are entitled to know the reasons provided by Origin for it saying "it will require additional time to consider the required internal approvals for these operations". What are the "issues" referred to in the announcement?
Origin should be required to meet its obligations under the agreement by which they expected to incur expenditure of $35M by the end of 2022. It is for Origin to take the steps for to approve the operations or give sound commercial reasons for not approving. What is convenient for it is not an acceptable reason for breaching its obligation and even more so when there appears to be an ulterior motive for its inaction.