Hi DB, Regarding your question...
"Will WPL management be able to spend company funds whilst arbitration is on going?"
I think they can. Firstly they have already tapped their shareholders on the shoulder and they have coughed up. Secondly, operatorship would have cost benefits where the JV members pay a fee for the operator to manage things.
I'm not as sure as some that this will cause delays. Time will tell.
Chair of the ICC to be appointed, page-67
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