Found an interesting article in today's AFR , where RIO were bleating about too much liq gas being exported and not enough being allocated to domestic users.
Perhaps RIO should put their money where their mouth is and pitch a hostile t/o of WCL at 70-80c/share ? Follow the Chinese example and BUY a supplier!!!
....just an idea, I too would like to see LNG formalize their offer sooner rather than later.
WCL Price at posting:
41.0¢ Sentiment: Buy Disclosure: Held
