Normally large investors would look to get a discount in...

Normally large investors would look to get a discount in exchange for a large investment. Lwp is already trading at a heavy discount to what a fair valuation probably is at this stage but the best chance imo to attract significant investors was in Houston, right in the heartland of the largest market.

If they can manage to announce that they are beyond preliminary due diligence somewhere then things become more attractive for new investors. It was way back in July last year when they announced they were in preliminary discussions with a potential licencee in the US, would be good to know if this has advanced at all or stalled due to the oil price.