WGO 0.00% 35.5¢ warrego energy limited

Validating ~30M Market Cap?, page-69

  1. 1,982 Posts.
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    They will get the drill in the ground once I'm assuming new pieces of the drill arrive and are fitted, if that is the case but we will await the ann.

    So first well, they have trouble, this is a good time to sort it out, hence the 10-14 day delay, and oppies are going to expire before wells are drilled according to some.

    Alright, now let's be realistic, yes we have had a delay but once this new equipment is fitted (again if that is the cause of the delay and solution management has chosen) let's think how quickly they'll be able to drill the remaining wells. Management will probably leave the 'beefed up drill' as it is for all 4 wells just to ensure it runs as smoothly and as fluently as possible.

    I see your point and yes, it is worrying but let's not blow this out of proportion. Not saying you were but we all know how quickly the snowball effect here on HC can go. If we happen to have another 10-14 day delay on well 2 and 3, etc then yes... we have a problem. But otherwise, it's just an ordinary hickup the business have from time to time. Especially when it's the first of this and that.
 
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