What are the facts here?GV is a ex Chevron man with...

What are the facts here?
GV is a ex Chevron man with unbelievable
contacts, the conspiracy theorest would say there is a concerted effort to pick up a fully permitted gas project for next to nothing.

This is clearly the possibilty here as all they have to do is run out of money, appoint the lawyers sell it for enough money to keep it going until FID, Scheme of arrangment where new shareholder/s gain 99% of the company and old holders share 1 percent (please refer to Mirabella Nickle fiasco).

Miracle signing of aggreements and all is well again.

Otherwise no option other than dilute to someone and they get 50% for the cost of a rump steak and vegies and GV keeps his miliion dolar salary.

Every current applicant on the current FERC list will be drooling at this.

Cheers