WGO warrego energy limited

Wow Very Promising Stock, page-22

  1. 698 Posts.
    lightbulb Created with Sketch. 176
    There is a only a very, very small chance of a CR before well 2 is complete. News would have to take a big turn for the worse if they need a CR before the bottom of well 2. That is why they have taken a lengthy lay off - to preserve cash while we get new parts for the drill and address the well stability issues.

    IF well 2 is a duster I would suggest a painful CR would be on the cards.
    IF well 2 is a gusher I would suggest there will be that much interest from energy majors across the planet that want in that there would be no need for a CR anyway...
 
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.