wpl to sell down browse stake., page-26

It is interesting see what WPL will do in the near future, I just wonder how long Pluto will be paid off. Mr Volte took a big gamble of 12+ billion dollars to build the facility with a potential upside of future trains, based on the expeculation of future discoveries which at the time were announced, we know now that some of the were write offs. I think everybody in the right mind need to have the resource at hand before planning facilities and announcing them to the world.

Browse was a good effort at the end common sense is prevailing, I think that the new management will have a better negotiation skills with the different JV and end up with a good agreement to pipe the gas to Pluto or the NWS. and I wish that the same team will go back to Timor (this time with out throwing the documents through the window as reported in some news papers a couple years ago)and negotiated a deal in order to unlock the talks.

I would like to see a new regenerate management team with the foot on earth and focus on deliver. I agree with the comment of WPL be a 10 years stock. It still a lot to recover in my case.