CXO awarded MPS status for this project. Difficult to see how FIRB would allow 100% ownership of Baldhill to a foreign company. The argument CHE is using is that their application was made before covid and FIRB rule changes.
No doubt the plaintiffs will be using the argument that FIRB didn't approve or deny the changes that led to the second DOCA in December 2020
MPS is the Federal Government’s recognition of the strategic significance of a project to Australia.
A40 Price at posting:
8.2¢ Sentiment: None Disclosure: Held