Macquarie has been running the show for over a year now. This...

Macquarie has been running the show for over a year now. This latest development suggests to me they figure they can't loose on any outcome of shareholder vote.

Jubilee management being played. PLA shareholders being played.

Project finance looks to be the new market flag. I expect other parties may now step up and provide a better outcome to current stakeholders.

One has to remember that apparently there was a lot of interest in the assets. The scheme booklet provides the valuation metrics and asset data.

Break fee - n/a.

Current market response on jubilee share price - mute.

They can certainly put a spin on things, but it looks to me as though the whole PLA/JPL affair is over. Ha ha. Talk about leaving it till the last minute. Macquarie have big balls.

Game on!