Sydney6791,
Thanks heaps for the comments, much appreciated.
As mentioned, I would expect them to win at least 1 of the main lines but 2 would be excellent (even if they are in an alliance with others). Can you imagine the cost savings.....$$$ and more importantly profit
The two reasons why i chose to invest in WDS and not others was because they have done work for all of the big boys in the past. And the SP was under valued being the second.
I have had discussions with people in the CSG industry last week, my view from these is once the environmental submissions are approved FID's will follow very closely behind. very very closely behind.
Due to the delays in the environmental approvals we will benefit more from this. Big money in construction is made when timeframes are tight. That is a fact and that?s what will happen here. Agreements to sell gas have been made and they need to be delivered on time.
The longer the environmentals take to pass through the better really??
I takeover offer has merit but should have happen by now IMO. Time is running out before paying premium's come into play.
Thanks again for your comments.
P
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