afr article, page-2

thx Stealth,

"..Mike Hughes signalled the company fielded approaches from unexpected parties..."

"...the company was in talks with a range of players about a potential alternative offer, “some obvious and some not so obvious.”

so the "obvious" players one would think would be maybe Santos, Mitsui and GLNG.

But who would be the "unexpected parties, or the "not so obvious" players?

maybe Insto's or Private Equity players who see WCL as a yield/return investment. Keep mgt, contracts, plans in place, but just hold the equity for the profits and cash flow to come in a few years time?
because there would be nothing stopping a new investor from funnelling in a much large funding package all at once, rather than stick to WCL timetable of smaller amount of capital and slower ramp-up. Because GLNG will take whatever WCL can produce.