Salt, you are most correct with the revenue splits in relation to reimbursement to WBE. and yes, the biggest constraint is where to spend money first - drill or pipeline and facilities. It would have to be the latter id guess. theres a lot of things that need to happen before tapping into those revenues, but it is a good future. from what i know of the north american/canadian scene, this type of drilling is a commodity service and priced accordingly. good place to play. so if mgt reckons this is the place to be, then so be it.
Re: Warro - I wouldn't let it go completely. You are right, it should not be the focus at this stage, but it is an asset with massive potential. If stx gets good flows out of the wagina, then I'd be looking at warro all over again.
WBE Price at posting:
1.0¢ Sentiment: Hold Disclosure: Held
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