that RBC Broker Report which was modded, is PUBLICLY available on the WGO website here:
RBC Warrego December 2020 quarter report 210125.pdf (warregoenergy.com)
Note that RBC indicate that the Spanish assets are likely to be sold
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Spanish Assets:
Tesorillo Project (WGO 80%) continues to work through drilling and permitting approvals from government agencies. The company anticipates open regulatory approvals in 1H 2021 and permitting in 2021. The JV is considering various strategic options to unlock shareholder value from this asset. We assume this would involve a sale to a locally recognised entity.
El Romeral (WGO 50.1%, subject to approval of transfer) transaction remains subject to Andalucian Regional Administration approval. Completion of the transaction is anticipated to occur on 28 February 2021.
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Whilst RBC refer to Tesorillo being sold, we can bet that El Romeral would also be sold, because why on earth would WGO want to keep just the one project over in Spain ??
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that RBC Broker Report which was modded, is PUBLICLY available...
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