If WCL walk away now, the biggest loser will be LNG , because they need to raise capital pretty soon , and they also need to provided the Gas Supply Agreement to the Gladstone Port Authority before 30 JUN 13 in order to extend the site lease.
Therefore IMHO all the pressure is on LNG now, if they want to raise fresh capital they need some very good news to convince their SHs, you can tell by their share price movement recently, alot of SHs selling out ATM.
go westside ! ramp up production quickly ! make them pay the top price!
WCL Price at posting:
32.0¢ Sentiment: ST Buy Disclosure: Held
