If he had followed the conversation then he would know that no compensation is payable under I think it is section 52 of the act
The activist Aidan Rickett of the Southern University Lismore pointed this out to the NSW government in regard to the Metgasco case and the threat of retrospective legislation to extinguish any claim for compensation. The difference is LKO did not back down so Andrews passed the applicable legislation but made a mess of it and did not cover the existing licenses in the moratorium.
LKO Price at posting:
0.3¢ Sentiment: None Disclosure: Held