Speculative Value, page-87

Maybe the geos can give us some insight into the strategic importance of WE-5.

If WE-3 proves the north extent of northern continuation of the central block, and WE-4 proves the Wagina and flows like the clappers through the wider diameter piping (i.e enough to underpin all medium-term production plans), is WE-5 really necessary?

The reason I ask, from a financial perspective, I think WGO will be reluctant to raise more capital for WE-5. And if STX decide to raise capital (or borrow after FID), I'm thinking it might be better off re-directing any cash (and drill slots) into SE and Waylering?

Any opinions most welcome.