sp moved up because of NWE shooting up. Close relationship to NWE / AWE through JV and nearology of tenements. NWE starts drilling very soon. Expectations are high. If NWE continues to climb, which is expected, then WGP will as well. In a way its a NWE "Mini-Me" which is great to trade as it has a slightly delay to NWE movements.
SP should go back to 3c once NWE has confirmed drilling has commenced.
Until WGP hasn't started seismic and drilling, sp will be determined by NWE's success. And that points upwards.
WGP Price at posting:
1.9¢ Sentiment: LT Buy Disclosure: Held