WGO 0.00% 35.5¢ warrego energy limited

What are you talking about? I’ll be upset if the estimate is 50%...

  1. 615 Posts.
    lightbulb Created with Sketch. 128
    What are you talking about? I’ll be upset if the estimate is 50% less than what is already out there. Why? We should be asking the question. This matters because it affects the valuation of the firm. If we are serious about finding a buyer should we not be concerned why such a low estimate. If it is just an estimate and we should not read too much into then we are stupid to be paying for it and have it done to lower our resource and valuation of the company. how do we know our estimate is the accurate one? I know buyer will be happy about it because they don’t need to pay more. What I’m saying the difference is too much and worth examining particularly it undermines the value of our company. That’s why STX issued a statement today to point that out. We are stupid if we don’t get it. I don’t believe STX fudged the figure so much higher to reflect the true gas resource. So we should question RISC’s figure for our own benefit.
 
watchlist Created with Sketch. Add WGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.