Hopefully this will act as a catalyst for WOF's share price. Thanks for sharing the news Omega. Given that BG is FTSE100 and has a market cap of 30 billion apparently, this investment goes a long way to de-risk not only Mongolia from an investment point of view, but oil exploration in Mongolia. It adds a lot of weigh to WOF's story imo and is very big news for WOF. $28m is not to be sneezed at.
If WOF's assets are as good as the company claims they are then there is no excuses for management now imo.
WOF Price at posting:
2.1¢ Sentiment: None Disclosure: Held
