There may already be an embryonic deal between Labour and either the Liberal Democrats or Plaid Cymru to form a coalition Assembly government.
Three of the most senior figures in Welsh Labour, leader Carwyn Jones, campaign director Leighton Andrews, and MP Owen Smith, in discussing the party's next move this lunchtime, have referred to their desire to have a Labour First Minister and a "Labour-led" government in place by next week.
This is very intriguing phraseology, as in theory there's no need to add the "led" on to a Labour government.
Mr Jones could easily form a Labour-only administration if the vote in the Assembly goes his way, as it almost certainly will, even without the 31 seats of an outright majority.
It is a strong indication that the party has already decided that it doesn't want to "go it alone" on 30 seats and will seek an alliance with another party.
Mr Andrews refused to elaborate on why he and the other party figures had used the phrase "Labour-led" saying only that it "is the phrase that the party is using today" and "you couldn't get a cigarette paper" between him and Mr Jones on it.
The former Welsh Liberal Democrat leader Mike German said he believed the use of the phrase "Labour-led" indicated to him that there was already forethought from Labour about a coalition deal, and it was his belief that talks could start as early as this weekend.
Asked what her position was on a deal with Labour, and whether contact had taken place, the Welsh Liberal Democrat leader Kirsty Williams said, "The ball is certainly in the Labour party's court - they've only been able to get the 30 seats, it must be very disappointing for them.
"As I said at the beginning of this election, our approach, after the people of Wales have spoken, would be to create a stable government here in Wales and to use our influence to push forward the elements of our manifesto that we've campaigned on."
One of the key figures in Labour's election campaign, the Pontypridd MP Owen Smith, asked whether Mr Jones would opt for a coalition deal, said, "I think he's said very clearly that there is a strong mandate that's been sent by the people of Wales that they want a Labour-led government, that they want Carwyn Jones as First Minister.
"I think the ball is in our court now, to think about how we want to take that forward, what we want to do with that mandate.
"I think he's said very clearly that he wants to be open, and to reach out to other parties, and think imaginatively about how we might work with other parties, but precisely what form that will take, precisely how we'll take that forward, I think you'll have to wait and see what we determine in the coming days."