"As advised last week, a restructuring of the joint venture in...

"As advised last week, a restructuring of the joint venture in relation to the Cockatoo Island Project, is currently being negotiated."

Well we heard it first in the EIM report - there was only one shareholder approved joint venture and that was with WEG - Showman said he was happy they now had 100% of Cockatoo and so ended " the " joint venture.

Todays announcement says restructuring of " the " joint venture not we are taking on a new joint venture partner ! or entering in to a new joint venture.

The wording of this announcement is subtly different to the original wording in the trading halt

hOOt