WGO 0.00% 35.5¢ warrego energy limited

Do we really believe the drilling contractors have been sitting...

  1. 1,044 Posts.
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    Do we really believe the drilling contractors have been sitting on site with their equipment awaiting Management to say, Hi Fella’s we’ve got some more money can you start drilling again? I hope I am wrong but I have said from the off I do not believe Schuepbach have available folding cash. All we have seen is a rehashing of % ownership to keep the Receiver away from the door and avoid trading insolvent. I think we will see an announcement saying Uruguay is being mothballed until a later date or the asset sold off and our focus is now Spain... and it is funded... and at a later date, it is funded except for....!!!

    Hope I am totally wrong.

    Good Luck All
 
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