Well as one of the bedwetters noted by a certain poster, i am...

Well as one of the bedwetters noted by a certain poster, i am feeling remarkably dry this morning which is of no comfort what so ever.

For me and yes good ridance to WDS, but their damage has already been done and today and over the next week that damage will be manifest in our sp. Their delaying tactics brought PCL to a point in the history of the Basin where the huge successes early on, some are now not as good as first thought and the sentiment not quite as bullish as it was - thanks WDS

It is clear in hind site the seismic licence WAS a delaying tactic i have no doubt.

So now PCL BOD are going to ann "their" resources estimate at the same time saying a Major Co is walking, obviously trying to stem the damage, and so what was to be a stellar ann on size of the targets will be lost in the panic.

Would PCL be entitled to the WDS resource est and work???

NOW the supposed Plan B arrives - is there any substance to it, we are about to find out. If there was someone in the wings then i might expect a suspension tomorrow to allow such a situation to get completed. it depends on just how long PCL have been aware that WDS may walk, and just how serious the PCL BOD took a plan B as being necessary.

The next best thing when coming out of the TH is also commenting on Plan B and its progress which is close to completion, and maybe who but unlikely.

The bloody english language is full of ambiguity - you can say one thing and mean another and many many Cos on the ASX and no doubt worldwide use this to their advantage.