WCL 0.00% 39.5¢ westside corporation limited

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  1. 1,189 Posts.

    Thanks for that..

    still think its a bit weird that they appear to have come upon second hand news and they are not clear about what their involvement will be in the areas they were meant to be prospecting and applying for licenses over with Bumi.

    Clearly it is not PT seamgas who won the tender but some other company who Bumi a deal with.
    Hopefully it will become clearer in the next day or two and WCL will be able to opt in for half of whatever Bumi are in for, but I wouldn't mind betting the Bakrie Brothers or interests related to them have taken the lions share. The minister for welfare is fairly adept at looking after his welfare you could say.

    Whatever happens , I never really put much stock in the Indo play (for the near term anyway)..the main game should be Tilbrook.



 
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