PS - Patong - If the project was in WA, I can understand them knocking back due to govt policy over there - likely to be a very long road for U in WA - possibly one WTN cannot endure with it's low cap.
I think the francophone West Africa project rejection was probably also a good thing considering what is going on over there - especially in Niger (although I don't know which country they were looking at).
There is a real chance for WTN to stitch up a plum project as the low cap makes it very attractive for a privately held asset vendor to reverse list a project.
Don't know if that will be the end result, but I would prefer a longer wait and a better outcome to a short wait for a dodgy piece of moose pasture!.
WTN Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held