WGO 0.00% 35.5¢ warrego energy limited

The 2 wells are necessary to move the resource to a reserveSome...

  1. 540 Posts.
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    The 2 wells are necessary to move the resource to a reserve
    Some large institutions have mandates they can only touch assets in the reserve category
    I know ive dealt with a few major companies prior and they wouldn't touch a stock no matter how good the resource looked
    till the company spent the time and money to derisk and move to reserve
    not saying wgo wont get a takeover or funding before
    but reserve they can go out to everyone with confidence
 
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Currently unlisted public company.

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