WGO 0.00% 35.5¢ warrego energy limited

Ann: Non-Renounceable Entitlement Offer Document, page-94

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  1. 615 Posts.
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    Management should not be asking for $4.5m as a hostage to company continuing operating. Instead I believe they should ask for funds for 3 days of drilling if they can not negotiate for the drilling company to do that. At least we shreholders need assurance that well2 is ok continuing drilling and will not be abandoned. But selfish management only cares about getting pay and will not settle for less than $4.5m to get welk2 drilled. F$&@ them all. Can you guys see that.
 
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