WCL westside corporation limited

westside gonna get 6-8 pj for their gas as early as end of 2012...

  1. 70 Posts.
    westside gonna get 6-8 pj for their gas as early as end of 2012 onece their production rampup exceed 25tjday any extra gas WCL produced they can sell it to Dom market for much higher price or they can sign up a 2 years CSA with a power supllier which willing to pay WCL up front for their gas therefor NO CR for SH in near term IMHO... win win...

    ATM westside only getting 5.5m revenue(net to WCL)for about 9tjd. Hopefully by end of 2012 they will getting around 15m but it is still no prositive cash flow so can anyone on HC has able to estimate when Westside would achieve prositive cash flow even considering a possible CSA soon ???

    much appreciated for you help
 
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Currently unlisted public company.

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