Yep JGPM and Lilac, imagine of someone lobbed a on-market cash...

Yep JGPM and Lilac, imagine of someone lobbed a on-market cash bid of say 60c?

if NHC and EIT and AK and NM accept, then its game over.

if LNG are spruikimg 53c post CR, by way of an off-market bid, and they are still "maybe/maybe not", the even a cash bid of say 55c might get the attention of the Board.

it really is a case of what price the big boys will accept?

so perhaps LNG are playing a dangerous game by dangling their fishing line?

and, it is my understanding, that IF another party is looking at WCL, then WCL is not obliged to notify the market, until such time as the deal is a serious one.

All a blocker has to do is get 10% of WCL, and LNG are stuffed imho.

a dangerous game now imo.