WCL 0.00% 39.5¢ westside corporation limited

Ann: WestSide Half Year Results , page-9

  1. 200 Posts.
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    From the September 2013 quarterly report it said.

    The modest $10 million funding package announced in early October ensures that Westside remains well capitalised as it seeks to finalise these important new gas supply agreements over the next three to six months.

    From the December 2013 quarterly report it said

    The Company has continued to work on
    securing material new gas supply agreements
    from 2015 when existing contracts are set to
    expire and management now expects a new
    contract to be signed within the next three
    months, reecting signicantly higher forecast gas prices.

    From the HY report For December 2013

    Significantly advanced negotiation of new Gas Sales Agreements with contract execution expected to occur within the next
    two to three months.

    A friend of mine went to the AGM last year and was told that a signed GSA by end of March 2014 !!!!

    So 18 days to go. It has allways been targeted by end of March.

    I spoke to the company last month and they said hopefully by end of March as per the announcements.

    So if there is no GSA announced by end of March there had better be a damn good reason such as a binding cash takeover !!!!!

    If there is no announcement by end of March then i would not like to be the poor receptionist at Westside on 1st April! April fools day !!!!





 
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