WPL announce,ent, page-9

The Woodside fist of help.....

FAR and Cairn are about to be severely tested.

The predicament;

If we dont get finance approved before the first capital payment for SNE do we risk spending down the USD100m and thereafter keep spending that money until its all gone and then get SNE taken from us and lose everything,?????

Or do we walk away from SNE with the USD100m and try our luck in The Gambia????

Maybe the decision shouldnt be down to ..."no guts no glory!"

How can the ASX statement say we have binding finance and yet the HO is telling shareholders that " It " (I assume Macquarie) havent yet walked away????

A magical feat that Houdini would be proud of....being able to walk from bindings