WCL
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0.00% 39.5¢ westside corporation limited

re: Ann: Letter to Shareholders - Update on L... Morgan Stanley...

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  1. oze_wolverine
    1,924 Posts.
    lightbulb Created with Sketch. 28
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    17/04/14
    20:36
    Post #: 13265194
    re: Ann: Letter to Shareholders - Update on L... Morgan Stanley added this little chestnut to the end of their report on STO

    "Construction activities at GLNG look good but questions remain around reserves for this project."

    From drilling contacts I have they have been flagging this issue for over 18mths. STO have shored up some supply and if WCL can deliver the gas cheap enough they would have to consider knocking us off.
    WCL Price at posting: 28.0¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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