Just to clarify my thinking why I believe some of the STX holders may switch to WGO using your recent highs...
Invest A$10,000 in both Companies...
STX
10,000. @ A$0.23 = 43,478 shares held.
Recent High A$0.30 = A$13,043 excluding brokerage fees.
Nett Return A$3,043 or + 30.43%
WGO
10,000 @ A$0.290 = 34,482 shares held.
Recent High A$0.40 = A$13,792 excluding brokerage fees.
Nett Return A$3,792 or + 37.92%
This is purely comparing apples for apples for investors purely focussed on short to mid term gains and the West Erregulla project on release of the guaranteed (imo) next announcement following the CR over at STX.
Not going into the Jaw’s scenario or Uruguay or Spain. Both Companies have other irons in the fire...
Not advice just running the numbers...
Good Luck All
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- Ann: STX: Outstanding West Erregulla Flow Test Results
Ann: STX: Outstanding West Erregulla Flow Test Results, page-284
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