Once and for all no one is denying that the land on which IOH...

Once and for all no one is denying that the land on which IOH will build is crown land vested in the Dampier Port Authority.

IOH will lease the land from the DPA.

People have said this on numerous occasions.

As part of lease top build/operate the port IOH will negotiate commercial terms with the DPA. The DPA could say IOH have to build/fund a 20mtpa port and reserve say 10mpta capacity for the DPA for it to use as it sees fit will all charges going to the DPA.

IOH and whatever partner it chooses will tell the DPA to get stuffed and ask for a contribution from the State in return for handing back capacity.

The more likely scenarios is that an exclusive lease is granted to IOH to 100% build/fund a port scaleable to 20mpta with all third party toll charges going to IOH. Say a 99year lease. Once signed the DPA is like any other entity, it can be sued, and cannot then take back the "port". This is the way infrastructure deals across the nation are done.

Its like FMG/RIO having exclusive reserve berths at Port Hedland.

Again, no one of us here (apart from you) are saying we know what the final deal will look like. But i would be very very very surprised if IOH were to agree to a deal where the DPA takes on the economic benefits of IOH and Partner's large investment as part of an approval to build the port. Once commerical terms are binding and signed then no way the DPA can reclaim anything without paying due compensation.

This topic is getting boring. We shall see what the final agreement looks like in due course but lets get to partner selection and FID before guessing what the deal will look like.