that evasive initial supply...

Hi holders, and interested others...

What are the odds of LNG seeing off potential other parties, (the existence of whom I don't necessarily subscribe to), and taking out WCL, or maneuvering to at least a signed, sealed and workable arrangement?

Personally I think the Chinese backers would prefer, and be wiser to sew it up holus bolus, keeping the WCL crew to continue their work under the larger entity, and LNG concentrate on their own field of 'excellence'.

That first train HAS to be FID'ed, and if it takes a premium to capture WCL so be it. The reward comes with subsequent trains, which time-frame it requires to develop suits MEL's plans to be up and running with supply to meet future demand, and infrastructure by then in place.

In the meantime, some pressure is undoubtedly on LNG, looking from the outside in, and to let this slip would be a case of 'opportunity cost', as once FID is met, they have the capability to develop FL rapidly.

Thought we'd get off the superficial stuff about notices and what not, with respect...

Rgds,

Lilac