Ann: WE-5 Commences Clean Up, page-275

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06/08/21

09:23

Post #: 55074352
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Originally posted by invertedva: ↑

This is all getting very Trumpian.
According to some on this thread, WGO can contradict the operator, destroy shareholder value, all without substantiating it's position (despite several weeks passing and early WE5 results already indicating they were wrong) because they were just flapping their gums about 'possibilities.' Free speech and all that, right?

I think people on this thread are 99% sure that WGO put their foot in it, and are now preparing the ground for management to get off scot free (like their performance shares) by saying "but WGO were just trying to be transparent". I can't think of many workplaces where you could be so wrong about something so important without explaining your reasons to your boss (the shareholders in this case) and for there to be no significant consequences.

Let me say it again, if WGO take the dramatic step of contradicting the operator, the burden of proof is on them to substantiate their position, then admit they are wrong ASAP, so the share price of both companies can recover. Not let this cloud linger over the project any longer than necessary. And this should be followed up by a public apology to it's own shareholders.

And if it turns out STX are wrong, then the same applies to them. But at least in their case, they've actually released the data/analysis on which their conclusions were based.

Expand

Wrong
If STX are so transparent why haven't the analysis of the core at this level been released and why did strike pressure test WE 4 @ 4896 not down @4912 ?
then there's the logs
they've only release WE 5's gamma and gas logs not resistivity logs
any actual proof other than a perched theory with a yes correct @mir911 gas below water diagram

WGO Price at posting: 26.5¢ Sentiment: Buy Disclosure: Held
7 Upvote

4 Great analysis

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