Ann: Presentation - FY22 Financial Results and FY23 Guidance, page-43

Well.... that was brutal!
Don't see that sort of selling on a new years forecast.
In any case, lots of great discussion and I get the feeling, quite a few HC posters view WGX as now a very interesting value proposition.

Cheers for that regarding Big bell Joel. Truly... it has been a H U G E money pit for WGX. I mean, they started dewatering it in early 2016!!!
Only recently hit what they had planned for. That is... over 6 years of development! That being said, for buyers now, they are getting some incredible sunken investment. I estimate they have approx 8 years of mine life current for Big Bell. This is before they even begin drilling out extensions. Btw- in the report below, it mentions that the initial planned capex for BB was $93m back in 2017... hmm.... missed it by thaaaat much.

Also agree about Tuckabianna, it runs well... the issue is... it high cost to process. This is from 2017.



Appreciate your views @CashedUpBogun - especially about management. They do indeed seem to have taken a hard look at the company and quickly focused on its strengths (U/G production) and how to alleviate the high cost plants they own.

btw - anyone ever seen this? I def had not. A 10 year plan by WGX!

Revised Dev Plan 2017



(sorry Joel, pretty sure your going to have a late night if you want to try and match up all the planned production versus reality! ha)



Just to be clear, the previous management of WGX.... simply did a poor job with the assets and business they had. As they literally never even got close to their guidance. ever! It takes time to turn a huge ship. WGX is.. hopefully turning.