I am also surprised that for the cheap price of molopo sale, that WCL didn't go for it, as it lines up well with their tenemant and they ahve proven success in getting these coals to produce. I really don't like the implications for the alleged LNG offer. Starting to think the LNG offer was purely to see the data room and get WCL's knowledge on how to produce these seams. However, it would appear the price paid was the capital raising for WCL by shareholders. Fact, no one takes this long to do Due Diligence unless they are stalling.
WCL Price at posting:
38.5¢ Sentiment: Hold Disclosure: Held