Well, well.
A few of us who've been banging on about Beach lurking in the wings these past couple of years suddenly feel a lot less neurotic...
Beach obviously couldn't sit by and let Strike progress its business plan.
And the Regal/Beach connection might have played a role too. the bot activity in Strike and WGO, especially the last six months, has borne a remarkable similarity.
You'd have to think they are looking at Strike too. They've been talking about asset acquisitions for quite some time. At the very least, I'd expect a very nice boost to Strike's share price come Monday morning. Also, we can get the cash back from the WGO shares. Handing little cash injection...
Always thought this few months between reserves being announced and Waylering coming online and Haber be finalised was a real danger period.
beach energy, page-11
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