Ann: Investor Presentation - E&P Success in the Perth Basin, page-71

Looking years ahead ?
It looks to me like the JV partner are ramping up the focus on the greater Erregulla fairway play now to me. That is a 2021 story, not years away.

and
“if WE3, or WE4, or WE5 "goes to plan", why do you say "STX makes a lot more" - when WGO owns 50% of that success, and STX holds the same % share of that prize???”

That is not how the market works. Particularly at the moment with outsized gains attributed to companies with larger growth profiles.
Whether you think the greater Erregulla ground will be successful or not doesn’t matter. It is all about the possibility.
Also, with each drill in WE the refinement of technical knowledge, and improved COS for the greater Erregulla play, builds.

And then you have concepts such as project Haber. These are major catalysts for huge value creation if executed.

Imo