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Speaker 1: Well, I think we can all see now why the

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Speaker 1: government's announced the fairy decision two weeks before Christmas. A.

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Speaker 1: This is embarrassing, isn't it. I mean, what have they

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Speaker 1: been doing for the last year. How do you go

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Speaker 1: a year from canceling the Mega fairies and still have

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Speaker 1: nothing to show for it. No deal, no fairies, no

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Speaker 1: price tag, not even any detail for us on how

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Speaker 1: much we're going to have to pay to break the

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Speaker 1: deal on the Mega fairies. All we've got is rumors,

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Speaker 1: and if those rumors are right, then we are going

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Speaker 1: to spend more than twice what we were going to

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Speaker 1: spend for those two Mega fairies. We're going to spend

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Speaker 1: more than twice on that to buy two smaller fairies.

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Speaker 1: Those Mega fairies were five hundred and fifty million bucks.

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Speaker 1: The medium sized feries that we're probably going to end

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Speaker 1: up with now will apparently cost nine hundred million bucks

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Speaker 1: plus and you add them the three hundred million dollar

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Speaker 1: break fee for the Mega fairies, and that's one point

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Speaker 1: two billion dollars more than double. We'd have been better

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Speaker 1: off on these numbers, keeping the big boys and then

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Speaker 1: on selling them and using them to buy the using

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Speaker 1: the money to buy the little ones. Don't expect we

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Speaker 1: waited a year already, don't expect to get any kind

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Speaker 1: of announcement anytime soon, because it's not going to be

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Speaker 1: apparently until the second half of next year before we

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Speaker 1: actually know what's happening. And we're going to have to

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Speaker 1: wait five years for these bad boys to actually hit

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Speaker 1: the water. And the thing about this is that time

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Speaker 1: is of the essence, because it's not as if our

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Speaker 1: existing fairies are doing well. They're running on hopes and

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Speaker 1: prayers and masking tape. By the looks of things. We've

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Speaker 1: had one floating without power in the cook Strait already.

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Speaker 1: That's very dangerous. And we've had another one running around

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Speaker 1: on a sandy beach and you don't need me to

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Speaker 1: tell you again that's very dangerous. And then there are

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Speaker 1: various other weird little mishaps have been going on as well. Now.

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Speaker 1: To be fair to the National led government, I don't

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Speaker 1: think that the mega Fairies worth a solution. I don't

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Speaker 1: think it's a smart idea to chuck an entire train

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Speaker 1: on a boat and then send it across the water.

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Speaker 1: I mean, if you thought about how heavy a train is.

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Speaker 1: But I'm starting to feel like this deal, whatever it is,

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Speaker 1: could be actually worse than the Mega Fairies deal. And

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Speaker 1: I'm starting to think that this might make the Mega

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Speaker 1: Fairies deal look like value for money, and that is

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Speaker 1: not a great outcome. By the way, especially for the

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Speaker 1: Nats and Nikoli. Willis because the pair of them have

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Speaker 1: told us they great at striking deals, they really great

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Speaker 1: at managing money. Well, what we're seeing so far does

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Speaker 1: not look like that at all. For more from The

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Speaker 1: Mic Asking Breakfast, listen live to News Talks at B

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Speaker 1: from six am weekdays, or follow the podcast on iHeartRadio.