Bomber Sounds like you are back in ? The co said they had 3 rigs for the last drilling round (spoke to them couple mths ago).Did they say how many are staying for the next round ? I believe they have more up their sleeve than what they are letting on. As you said WMC etc are crying out for 50,000 tpa projects and Wingellina is easily that with native rights/enviromental/political issues no problem. So wouldnt it be the right time NOW to launch a TO ? A 25 cent offer now would have most holders drooling(Uncle Eg would be crying ).So whats stopping it happening ? Maybe AEX have a "white knight " with 10 % to block TO ?
AEX Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held