WE-2 - Tick
WE-3 - Disaster of a drill, though it could be huge if they can re-drill and further guarantee a resource. Still, this is even more time and money and may not even be completed by this time next year.
WE4 - Extensive sand problems, delayed testing, not great gas flow results. But adds value to production target.
WE-5- Who knows??? We can almost certainly guarantee there is going to be significant cost to get it to a standard to obtain a proper flow test result. Could be good, could be a flop.
Didn't this project start in mid 2019? To drill 4 or 5 wells?
We've recently had a massive 80 mill cap raise, which was meant to fully fund 12- 18 months of active drilling and " we will be Australia's most active explorer during that period." Then a third of that was used to buy a stake in WGO. Almost certainly we can expect another cap raise soon.
JV has been a disaster, with both parties clearly undermining each other at key intervals. If you're going to put something out, at least be on the same page and put your differences aside for the shareholders stake.
Some great results, some not so great results. I don't know whether this can be called a successful drill program given everything over the last 12 months.
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