Ann: Weekly Drilling Update , page-3

you know, it is true that WCL really is "travelling under the radar."

whilst some of the other CSG players spruik their progress, WCL just seems to get on with business.
I reckon that the reason WCL does not deluge the ASX with repetitive announcements, is that WCL does not have the number of personnel to spend the time issuing statements, Angus Karroll is both Chairman and CEO (so he is flat-out WORKING), that WCL seems to have a philosophy of just stating th facts and not embellishing things (eg the quoting of coal seam thicknesses - WCL only quotes material coal seam thicknesses).

We know that WCL is in the process of proving-up significant reserves - they are targetting 1,000pj of 3P and i think 275PJ of 2P (WCL share) by early next year.

So what will happen, is that suddenly, WCL will announce a big reserve upgrade - which cause people to sit up and take notice.

Keep in mind that BG / QGC is paying half of these exploration costs, and that Angus Karroll is experience at establishing manufacturing (ammonia) plants - so we can expect "commercialisation" of our reserves in the near term.

cheers