WCL westside corporation limited

update needed, page-23

  1. 505 Posts.
    I am sorry if I upset anyone.Just telling it how I read it.
    I am sure WCL is still attractive to LNG and they might indeed offer more but I think there is at least some doubt now that they will.
    I agree that WCL is worth more than 53 cents... in time.
    Everyone talked up competitive bids for BOW and ESG but they didn't happen.
    It may have even been Westside's intent to discourage LNG with their SH allocation @ 25 cents.
    As for LNG's position, I think they only need to get the minimum supply of gas to satisfy their lease and get the construction recommenced.
    That maybe their first priority.I think they can be confident their plant and technology will be fully utilised in time.
    By the looks of the delays in other consortiums, LNG's facility could be used by others under a tolling agreement.
    Who knows, even Arrow's gas may still end up there!
 
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