this is why we are all in wcl !!!, page-6

Goodaye Sloeb,
Your quote: "WCL management are incompetent!!! .....the coy is a serial underperfomer in the CSG industry,"

With respect, those claims are simply not justified.

I had a look to very briefly compare the performance of PES with WCL.

PES listed 12 Sept 2006 - and i think certified their first 3P reserves in Nov 2008.
WCL listed in 10 Jan 2007 - and expect to certify their first reserves by June 2009.

So, from ASX listing to first reserves for PES will be 26 months.
For WCL, it will be 29 months !! Not much of a difference.

If BG is prepared to have WCL operate the major Pilot areas, then WCL mgt must be plenty competent.

WCL has the pre-eminent big daddy for a partner, very strategic acreage, its own top notch drill rig, plenty of cash, never had any new capital raisings, and 3,000 BCF of GIP in just one of its permits.

So, - competent mgt
- good performance of mgt
- happy to hear of any "exciting new plans"

cheers