When legislation was introduced after Mabo apparently the sky was going to fall in- especially for mining. But a lot of mining profit has been made since then. Business has learnt to live with their social obligations- conceding Rio's recent fail.
And WPL has to do the right thing in Senegal, Myamar, Canada and anywhere else it might invite itself to. And it appears that it does.
These sea bed obligations will have a cost- but pretty small in the scheme of things.
IMHO DYOR
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