Haha, there is two major differences between Warro and all the new discoveries.
1) Warro is actually bigger, several TCFs, whereas the new discoveries are less than 1 TCF.
2) The new discoveries flow like the clappers, whereas Warro refuses to flow.
When the work on Warro happened over a decade ago Warro was considered very deep, where as all the new discoveries are about 1,000 metres deeper than Warro.
Another thing is the new discoveries are worth Billions of dollars whereas Warro is barely worth $10 M.
Times change, maybe Warro with new management in place will have another chance. Wizard Lake is having another chance because of new management.
Saltbus
WBE Price at posting:
0.2¢ Sentiment: Buy Disclosure: Held
