WGO 0.00% 35.5¢ warrego energy limited

Your relentless negativity strikes again. :( Why an extension?...

  1. 9,590 Posts.
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    Your relentless negativity strikes again.

    Why an extension? Perhaps they want time to ann a result on this well.
    Or alternatively perhaps the response to date has been underwhelming...I figure many, like me, have held off waiting on further announcements and there will be a late take up. But if they are looking at the figures to date they might be concerned. If so there might be a ring around today, early next week.

    Personally I want to see (in order):

    * A positive result on the well would obviously be well handy. Not that I expect that, but it would be sweet,
    * the BOD buying up,
    * Alternatively an ann the well reached it's goal and they are moving on to the next one while analysing source rock etc etc - This would show at least good communication, drilling competence, and getting on with it quickly.
    Any of the above would send a positive signal imho
 
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