Exactly my thoughts.
And trotting out the line "still under determined" whilst sitting on his backside in Melbourne , I could only shake my head. Shouldn't someone have been on the ground, working 24/7 to gather and reanalyse the data to get to the bottom of the issue?
If not, say nothing and give your own shareholders a break.
Interesting to see the sell off in WGO yesterday too. I think some are finally see things more clearly. Ironically, the NWE results are good for both STX and WGO. But also, NWE also provides another place that (frustrated) shareholders can place their money in a underpriced, non-operated position in the Perth Basin. I also think the chances of NWE being taken over are much higher than WGO too.
Ann: Good Oil and Gas Energy Conference Presentation, page-67
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