WGO 0.00% 35.5¢ warrego energy limited

Ann: STX: Excellent WE3 results confirm extension of field to nor, page-82

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  1. 8,760 Posts.
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    Wasn't trying to start up the whole STX vs WGO debate again.
    Simply trying to point out that stage 2 is where some difficult questions will need to be answered by the JV about whether they want to debt fund? Or invest elsewhere? The answer to these questions might be different between STX and WGO.
    In the short-term, I don't see cash as an issue, especially for WGO.
    Also, we need (or Strike by itself) need to convince the WA government to allow export by guaranteeing local supply. Until then, any talk of international prices (other than through other value add activities) is somewhat moot.
    Last edited by invertedva: 10/07/22
 
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