The main problem melinvest, as I see it, is that the call for compensation needs to be separated from MEL's right to continue its commercial operations.
The compensation should be paid to remunerate the company (& shareholders) such that they are not financially disadvantaged by the actions of the minister, the Govt and their advisor A Jones.
Then they should be supported in their lawful activity of drilling and extracting gas from their PELs.
If the Govt decides that they do not want this to happen, then they have the option to force a buy back of the PEL and then pay further compensation for the commercial loss that MEL will suffer by not being able to extract its identified reserves.
So that's
1. compensation for the Govt's illegal action
2. support of MEL's legal activities, or buy the operations,
3. provide enforcement of the laws, or if they decide to buy the operations, pay MEL for its reserves
NSW budget - Tues 23 June, page-45
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