Thanks for all the useful info provided by posters. Shareinspector, your thoughts are mine exactly.
The journos are having trouble keeping up with all these CSG companies announcing this then that. It will take a MAJOR aquisition or the first FID/FEED to give this thing a bit of a rattle. But it will happen. Gas/CSG will become a very important transitional fuel in the years ahead. I already have a few STX tucked away in a trust until 2012. Think I might do the same with WCL. It certainly has some key attributes but the market is the market. The Galilee should be a masterstroke for WCL. Let's see how BUL get's on with their Kanaka 1 drill.
If Galilee comes in then we should be able to attract a heavyweight farm in partner/s.
WCL Price at posting:
34.5¢ Sentiment: Buy Disclosure: Held