Analyst Notes and Price Targets, page-239

I did say don’t bother with this sort of comment. This is the only one of these I am going to dignify with a reply as it is so silly it made me laugh.

I obviously haven’t got any shares in Warrego or Hancock. Gina and family trusts have and aren’t for selling.

The difference between WE and WA is obvious surely, the former has 320 pj of 2P already certified despite badly drilled over budget wells and poor testing. The latter does not. It has 56pje. The former has genuine upside potential of significant scale, the latter does not.

Why did Strike not develop WE first? Selling the gas shouldn’t have been that hard. WGO had Alcoa ready to go. The cash flow there would pay for Walyering many times over. Cart before horse for other motives - try to keep WGO value low for long enough to buy it? Bit like lending Talon money then threatening to call the loans in just before the SoA went to TPD shareholders for a vote?