MMR has a 37.95%1 interest in Advent, which has a 85% ownership PEP-11 via Asset Energy. Today there was a highly relevant piece of media which features the current state of PEP-11's status:
source: PEP 11 Gaslit R&B by WeSupportPEP11, published Jun 16, 2025. https://www.youtube.com/watch?v=TvnYmWpD_T8
We learnt from the previous court case: “The test for apprehended bias is an objective one which is about what a hypothetical observer might think.” source: https://www.judgments.fedcourt.gov.au/judgments/Judgments/fca/single/2023/2023fca0086
An observer has already raised the issue of the bias harboured by the Labor Party to oppose PEP-11: https://www.zalisteggall.com.au/media_statement_pep11_question_time?utm_source=chatgpt.com Their objection is written in the hansard.
I believe the Labor party will lose this court case, and I believe it will have consequences.
1- "MEC has a non-controlling interest in the unlisted energy explorer Advent Energy Ltd ("Advent") of 37.95%" 23/04/2025, ASX:MMR, https://www.asx.com.au/markets/company/mmr
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