Perhaps not. But isn't it the same case, or close to it, when some willing gas buying companies applies that very same principle in the case of offtake agreements.??
At the price that MBL would have got it, I am sure that, if it was offered to them, chances are that they would have taken it. And probably even more than what MBL have got. After all, for many of these companies, $10 mill or $12 mill. would just be morning tea petty cash tin money.
The point is that, and IMO, MBL is now calling the shots as they have too much capital invested in this company.
Ann: Central signs 5.2 PJ pre-paid gas sale agreement-CTP.AX, page-33
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