WGO 0.00% 35.5¢ warrego energy limited

Ann: Cerro de Chaga-1 Update, page-13

  1. 309 Posts.
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    I don't hold, but I have been watching this stock for some time.

    To me, this comes across as a sensible play by management - I don't think anybody's getting sacked for this.

    They've basically said "Hey, something unexpected happened - we don't think we have the capacity to deal with it right now, so we aren't going to try. Let's take a break to re-evaluate how we can best work through this problem".

    While it's a little bit disappointing that we won't get results sooner rather than later, I'm still happy with their reasoning.

    Could somebody explain to me where management have made mistakes? I'm genuinely curious to learn more here - my views must be misguided.
    Last edited by nexusb: 11/12/17
 
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