Not sure what the future holds for CLO exactly but rumour has it...

Not sure what the future holds for CLO exactly but rumour has it that CLO are the preferred tenderer for developing Inpex's $6bn gas field off Maret Island (near Broome). CLO should be able to leverage this project to secure more projects and I expect this contract will give investors more confidence and bring attention to an undervalued CLO.

http://www.iht.com/articles/2006/05/04/bloomberg/sxinpex.php