"The price of the gas is linked to the oil price, and assuming...

"The price of the gas is linked to the oil price, and assuming that current oil prices continue to apply the GSA would result in a gas price in excess of US$8.50/GJ from 2016."

Key word is ---- in excess of US$8.50/GJ from 2016.

Not to mention the Aussie dollar predicted to fall into the low 80's by end of 2014. Other predictions i have noted are 85 cents over the next few years.

If the oil price increases with the strengthing of the US economy and the aussie dollar falls against the US dollar then some big profits for WCL.

Maybe looking at over $10 aussie a GJ.

Apart from this GSA exceeding my expectations the huge bonus is the oil-linked prices if they fall our way.

40 cents is still manifestly inadequate in my opinion.

As Mike Hughes said in the AFR 2.4.14
" If someone wants to get on and make a real offer at a real price, then clearly we'd consider it"

http://www.westsidecorporation.com/Portals/0/Westside%20Files/PDFs/Media%20Clips%20Folder/AFR%202%20April%202014%20WestSide%20awaits%20word%20from%20Chinese%20suitor.pdf