Not quite the discussion I wanted to generate here. I was thinking more along the lines of is there a way Westside can capitilise on the new NSW regulations? A major player, AGL, have clearly been forced into a hard place by restriciting the areas they can drill in NSW. surely this will affect other prospective drillers as well. This regulation is already in place for Queensland and as such hasn't affected WCL. As this will probably create a shortage in NSW, could this perhaps move the emphasis onto those companies with compliant wells and see a potential upscale of operations to cope with demands? In anyone's opinion, is WCL (forget about the proposal for now) positioned to benefit from this? Or did we just make ourselves a much juicier target?
WCL Price at posting:
32.5¢ Sentiment: None Disclosure: Held
