WGO 0.00% 35.5¢ warrego energy limited

Ann: Acquisition of Remaining Equity in Spanish Asset Completed, page-26

  1. 1,034 Posts.
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    One thing i’ve learnt in my short time (11 years) is that when it comes to spec stocks you have to be patient or you have to sell out and look elsewhere.

    Certainly doesn’t feel like all hope is gone with this one, just need to be patient and watch what unfolds.

    I expect the reins will be handed over shortly and the drilling will recommence. Who knows what happens from this point on though. Will any news and announcements come from PRL first or will be regurgitate news as we are no longer in control?

    Will the majority of work be directed at Spain?

    Seems like we have a week or two to wait before the updated plan of attack is known. In lieu of this I dare say 0.002 and possibly even 0.001 might be in the cards.

    I might choose to buy the company if that happens
    Last edited by sdfmg: 10/06/18
 
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