This whole story has too many...

This whole story has too many inconsistencies.

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"As for the civil works and establishing the BFS, one would envisage this cost, based on a $6bln project, is quite reasonable at circa 8% of total cost."

Or 9 times the original cost of the I.P. depends on how you look at it.
There is nothing in place that I know of that says PDY have exclusive rights to building a P&R. Anyone that exists, and can get the banks in, can do it.
DON'T FORGET BANKS CAN AND WILL HAVE EXIT CLAUSES!