WPL 0.85% $22.81 woodside petroleum ltd

I suspect that Timor wants their cake and eat it too. They want...

  1. 4,960 Posts.
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    I suspect that Timor wants their cake and eat it too. They want WPL's expertise in building and operating the resource, but they want it on their terms. I suspect that WPL will not pre empt and that Timor will not want to purchase any more equity in the field. It will be a stale mate between commercial reality and national desire. It will be a slow burn and will not be resolved for a long time (10 years maybe?)

    HT1

 
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