Ann: STX: West Erregulla Update, page-30

"do not get what WGO are suppose to do"

You can't better describe the main issue... It seems, our BOD is of the same opinion...

Unfortunately for them, there is a benchmark for the performance of the WGO Board...
Two companies working for months on the same project with exactly the same working interest... but here are the brutal facts...

1. Share price performance since January 1th, 2020:




2. Relative valuation since January 1th, 2019:



In the light of these picture, again the simple questions to the BOD of WGO:

* Why is Strike outperforming WGO for more then a year?
* Why is WGO losing relative valuation compared to STX?
* What is the BOD doing to fix this?

Any strategy, to stop the underperformance and to improve the value of WGO?


(...and if you are still wondering what our management could do, it might be helpful to see not only which ambitions STX is following but also what the former PRL CEO and WGO MD David Casey is achieving with TPD and what he did in the last 18 months or so...)