If I remember correctly Tony got rid of Wise because of...

If I remember correctly Tony got rid of Wise because of perceived differences. Later they were admitted back in when certain conditions precedent (whatever they were) were fulfilled . At that time B Clark MD CEO M Macpherson chairman resig 10/8/13, R Williams, T Lau appt 24/4/13, R Guel appt 11/9/13 C Wang resig. 6/4/13 G Smith secretary R Mehan chairman. These were the ones in charge.
Pluton didn't have much choice as to whom they select as a joint venture partner. It was Wise or nothing. As to where Wise got there funding from hoots might be able to enlighten you there.
BTW many punters thought that Cockatoo would help to finance development of Irvine. Fat chance.

Risk Management The board is responsible for ensuring that risks, and also opportunities, are identified on a timely basis and that activities are aligned with the risks and opportunities identified by the board. The consolidated entity believes that it is crucial for all board members to be a part of this process, and as such the board has not established a separate risk management committee. The board has a number of mechanisms in place to ensure that management's objectives and activities are aligned with the risks identified by the board. These include the following: • Board approval of a strategic plan, which encompasses strategy statements designed to meet stakeholders needs and manage business risk. • Implementation of board approved operating plans and budgets and board monitoring of progress against these budgets.
Taken from the 2013 annual report.