If the JV partners do go down the stand alone production plant it would be interesting to see who would foot the bill. Would the TPDC foot the bill from their share of future gas sales or would the JV partners have to cough up the cash? I am guessing this is one of the sticking points affecting the commercialisation process for KEY & the other JV partners.
As you suggest BOT, a stand alone plant would be a huge vote of confidence in the potential of future gas supplies from the region.
KEY Price at posting:
10.2¢ Sentiment: Buy Disclosure: Held
