All IMHO:
WGO had $23M at the end of March after having spent about $10M during the quarter, which I presume was mainly for WE4.
Assuming another $10M will be spent this quarter, then their likely cash balance at the end of June will be around $13M.
I smell a CR coming, because the BOD will want to be cashed up for the WE Phase 1 FID which is expected mid-year.
Cheers
ft
Wgo new research - price target 70c, page-25
-
- There are more pages in this discussion • 108 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)