Pox knew the third party access was on the way when he made a play for Stanley because he was negotiating the new PNG LNG agreement at the time. The access is likely to slash WLNG infrastructure costs and make the WLNG much more profitable. Pox would also have known that the multi-billion $ electrification project was on the way and that the Western Province, as the most impoverished, will have a high demand for LNG for generating power. With this insider information, he had a strong motivation. But if he fails at arbitration, and independent legal advice suggests he will, then the added value of third-party access and the electrification project will flow to Horizon and us. Expect an SP at 20 cps +
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