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35.5¢ warrego energy limited

Ann: Cerro de Chaga-1 Update, page-57

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Kiwiboy00

2,464 Posts.

384

15/01/18

20:33

Post #: 30322343
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Originally posted by Fast&furious ↑

What good news??? Check facts.
1. Second time problems with drilling. Excuse frontier project even though other companies drilling in offshore had no problems. We only hit around 750m not even that deep. Look Raven energy 1700m just completed first try no hiccups.
2. Initial schedule is pushed back by a month. It should be mid Jan.
3. Rush to buy more stakes. Now looking for a buyer because we don’t have the money. Unprofessional.
4. Where are the funds for well 4.
All these issues incurred losses to the company. Time is money. These so called great management is still getting paid. They should take a pay cut if not resigning. If they are in my company, they will be fired already.

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I reckon a bunch of us share holders could fly over teach them how to drill a well deeper then 750m lol. I would like to get a bunch of us to go over check out the land/site we have invested in, i think it would be a good trip away from the wife for a few days/week and also see what my money is being spent on.

PRL Price at posting: 1.0¢ Sentiment: Hold Disclosure: Held
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