wpg's wisco investment opposed by defence, page-6

I notice that it is reported in both The Australian, and the local Sth Aust. Advertiser, that Premier Mike Rann and Minister for Mineral Resources Development Paul Holloway, have both gone in to bat for WPG in regard to their application.

Good to hear. It is MOST unlikely that Minister Holloway would then turn around and rule against the use of PORT Lincoln as an export hub for CXM's DSO exports.

But, tick tock, time is money guys.

I'm sure CXM management must be as impatient as I am, for both FIRB, and the SA Gov, to approval the various applications.

Once approvals are in, any risk premium associated with these decisions will be gone. And furthermore, CXM's enter a virtuous cycle of being cashed up, with near-term exports and cash-flow, drilling and further development.

*strumming fingers on the table, and watching the clock*...

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