Follow the need for money

[davidhmtk]

And the "exchange" is PNGs ownership share of OSH. So next March if OSH is not at approx A$8.50, the PNG government must zebra-up the difference. Thus the mention of the possible bond issue. So we can expect OSH to do whatever they feel is necessary to get to that A$8.50 between now and March.

One aspect of the government's need for cash is their preference for  the Exxon SPA, in which the government will be responsible for financing much less infrastructure, leaving it more cash immediately.