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WGO warrego energy limited

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ok...... so its a crap friday morning ANN then

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Sparticas76

237 Posts.

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27/04/18

10:19

Post #: 32714713
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Originally posted by RichMan73 ↑

Operator sold its interests in Spain to PRL in lieu of payment of its JV commitments in Uruguay is my take on it which can be read a number of ways, not all that positive I'm afraid.
You could interpret it as they put a low value on Spain (they sold their JV interests in return for debt forgiveness so less than USD$1m?)
Operator walked away from Uruguay commitments months ago, I suspect they knew what the problems really were then.
Company is putting a positive spin on it, I think it is the operator washing its hands of all the PRL projects but that is only my opinion!

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ok...... so its a crap friday morning ANN then

PRL Price at posting: 0.2¢ Sentiment: Hold Disclosure: Held
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ok...... so its a crap friday morning ANN then

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