It would actually make sense if wgo gets 25c in the end for stx to also sell their share of we for an equivalent amount would free up a huge amount of capital to spend on their 100 percent owned assets which they need if they are to get a fertiliser plant up and running. More capital expenditure to get we anywhere near production would take forever for stx to build any sizeable cash balance off this asset
WGO Price at posting:
18.0¢ Sentiment: Hold Disclosure: Held
