I personally think it's a very likely scenario that the Govt would try and take this project from us through whatever means, whether it be the delayed PPSA or License renewal. Now that the basin is de-risked a major entity could easily come in and take over where we left off and the Govt can blame it on the fact that we were not financially sound. Also, it was never the Govts issue that we would require the PPSA to secure further funding, that only became evident recently. This might all be totally unfounded, but coming from this part of the world I've seen this kind of crap happen before first-hand and it's always in the back of mind.
IVZ Price at posting:
6.1¢ Sentiment: Buy Disclosure: Held
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