Been saying this for the last year or so. Best bank this resource and look at using funds to grow the company in another basin. I don’t expect share price recovery from the next Walyering drill as it’s only going to add small reserves and a few years life to the project. Put the asset up for auction and with a bit of luck BPT and MIN will have a go at it.
WE will not generate any revenue for years and will cost heaps to develop.
Ann: 1HFY24 Results and Operational Update, page-69
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