question, page-5

lok 2things

1. chinese gov't is a 50 % owner in the deal anyway. that was always the case, that is factored in and that is what MPO and FTO agreed to up front

2. Imagine the consequences for China if they just decided to "take it over". MPO reserves there are huge by the standards of us little aussie profiteers but only a drop in the bucket of what China will need energy wise going forward. If China was to allow foreign companies to use their expertise , time, effort and money to develop projects only to snatch all the profits at the end then no company would invest there at all in anything and ultimately China would be by far the biggest loser. It would be back to the yak and plough for most Chinese.