WGO 0.00% 35.5¢ warrego energy limited

Ann: Major Kingia Gas Discovery at West Erregulla-2, page-52

  1. 2,820 Posts.
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    Yes but WGO also has Spain and other projects, and on the flip side WGO does not need to come up with a cent to finance Spain which is considered to be one of the biggest projects in Europe and set to solve their supply problems. WGO has a great diversified project field we’re as STX seems to be a one trick pony and all dependant on its own finding which means further shares to be issued to raise more cash we’re as WGO can just reduce director fees and not have to worry about another raising as all projects are funded by partners.

    Imo WGO market cap should be close to or even more than STX given its diversified portfolios and low risk of financing issues.
    Last edited by TJ1988: 27/08/19
 
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