Strike will try and screw BPT if they are successful
Strike has a high degree of flexibility to ensure that value driven outcomes are prioritised for Strike shareholders. As such, if and whilst West Erregulla undergoes proposed changes to its joint venture structure, Strike may look to accelerate its domestic gas production from its 100% owned South Erregulla gas field whilst preserving residual feed gas and West Erregulla gas resources for the Project Haber fertiliser development.
As at September 2022: Strike had a strong position on the WGO register already with ~8% of votable shares. Known Strike shareholders owned ~15% of the votable shares. Regal owns ~9% of the votable shares. Warrego’s founders and their associates only have ~26% of the votable shares
WGO Price at posting:
21.0¢ Sentiment: Hold Disclosure: Held
