WGO
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0.00% 35.5¢ warrego energy limited

Ann: Quarterly Reports, page-2

  1. rexsh
    5,347 Posts.
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    31/01/20
    09:36
    Post #: 42662521
    WGO will have $6m left in the bank at the end of next qtr.........and drilling doesn't start until July. I smell a big cap raise coming ! They will need a lot more money than that to complete to 50% JV activities.

    STX have plans for a couple of big appraisal wells that will be more expensive than WE-2 and also big data acquisition campaigns.

    IMO
    WGO Price at posting: 22.0¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 2  Great analysis
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