WCL 0.00% 39.5¢ westside corporation limited

DocIf you look to page 71 of the last annual report there is a...

  1. 1,189 Posts.
    Doc

    If you look to page 71 of the last annual report there is a table for non current assets which gives a breakdown. Plant and equipment sits at about $23 million and gas field producing assets are $52 million.
    That is depreciated value, I don't know what they would have cost when built or would they might cost to replicate today.

    One intangible if you like is the permitting or license to trade that WCL have. As far as I know WCL are in an enviable position as they do not have any significant problems with other stakeholders, whether that be local farmers, mining lease holders, or state regulators. That has to be worth quite a bit in terms of what it doesn't cost them in PR and legals to move things along.




 
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