Check my post above.
75901903 (hotcopper.com.au)
With the past connections of WDS CEO and chevron this makes a lot of sense and why I think so much emphasis on the seismic license.
Seismic license means they can share data with chevron, and others, to do a deal before they even exercise their option.
Reminds me of a friend who bought some land in the late 90's and on sold it before settlement for a nice 7 figure profit.
WDS probably are also focusing on East Timor more than this. I don't mean that this is being ignored just that East Timor is more immediate for WDS.
The only loss of revenue from the greens is piss weak BOD forgetting the purpose of their company.
PCL: - time to update your shareholders!
(20min delay)