longtom judith, page-5

wsp demise Looks like WSP has finally given up the ghost! See Anns yesterday re seeking trading halt while they get a valuation of their rig and other asets...followed by resignation of a Director who presumably was not too happy duping the Bank of Queensland and creditors out of their hard earned cash. EBR will have to take up that Century 11 tender afterall if they can get any of the JV partners to fund it....otherwise re-jig the JV. They will probably have to do that anyway now it looks like WSP is a gonner. Post on SC suggests Centuary 11 may be a bit busy elsewhere for awhile yet though...so will be a long even more drawn out saga for Cooper progress unfortunately. Could be worse...could hold ADZ which has just thrown away the $1M they gave to WSP to help buy the rig!