I wouldn't be surprised if there is no other t/o proposals by the end of June. I also wouldn't be surprises if NHC, STO & the Japanese will probably wait to see how well the drilling & project upgrade performs.
In the meantime, I also wouldn't be surprised if the Lanbridge side didn't try to manipulate a last minute price drop and panic by retail investors in order to pick up the shares they are after. Don't trust them.
I wonder if Landbridge are not trying to greenmail Petrochina, knowing the LNG FL project will eventually go.
WCL Price at posting:
41.0¢ Sentiment: Hold Disclosure: Held