I reckon we will have some catalysts well before october.
I'm waiting patiently for the Anglo sale to come through..which is due any minute (grrr)
I reckon that will put a rocket under WCL if it in anyway involves BG.
Failing that, I would hope we will get some gas desorption results soonish and if they are positive (above say 5m3 per tonne) I think that might wake up the market.
Seems to me the bigger buyers are waiting on confirmation of the viability of the Bald Hill fairway to the north of Tibrook and whenever that is established it should be off to the races.
WCL Price at posting:
35.7¢ Sentiment: Hold Disclosure: Held