Pros & Cons

I can't decide what to do going forward.
Ooo made the comment earlier that the net out take from Malcy's update was negative as he cut his price target to 25c
I think the net out take from the recent shock announcement is negative.
Obviously the field is not at the upper end of the wildly optimistic dreams of some posters.
In saying that it still must be a reasonable sized discovery for WPL to pony up the relatively shocking small amount of money to buy out COPs share.
How does this work?
Does WPL just take the word of COPs 30 best and brightest or do their own 30 best and brightest get to look at the data?
If so should FAR have known another company was privy to this information?
Where does the THP come into play?
How does COP talk to WPL without breaching the THP?
Surely FAR & CNE must be told COP are talking to WPL and divulging information?

The dreams of $1 are dashed.
I think 25c is doable if this weeks events kick off a bidding duel.
I have long argued our best result is two giants getting into a hairy chested bidding duel to control the JV.
Our 15% gives one of the parties close to 50% or more.
This week has at least set the hares off.
We should find out now if anyone is interested in Senegal and how much they are willing to pay for it.

Judging by what WPL paid not much by the look of it.
We know COP is/was a motivated seller but would you sell off the Crown Jewels?
And for such a low price?
COP are not Clive Palmer.