Agreed. Having our own office seems more inclined towards...

First 9 Last

Share
Profile

Follow
Fudley61

2,613 Posts.

436

20/01/20

13:15

Post #: 42472134
Share

Originally posted by Fast&furious: ↑

This is crazy. It doesn’t make sense to part ways if they decide to commercialise the find and start marketing. What a waste of unnecessary expenses to set up office with all the overheads when we are not even in production phase. Stx and wgo should work together coordinate in maximising the marketing price of the gas and minimising production cost. Think about it for a second, say if only one buyer available then they will be competing against themselves. That would drive down the price. What about the production costs. Already we are spending on costs that we don’t need to. It’s like drilling. You don’t need two companies to be involved with it. I know it’s great to have an office with employees and all that but it sucks for sh and sp. it all translates to expenses and we don’t have much funds in the bank. We don’t want another CR. Sick of paying people. I say it’s pay day for the sh. We have waited long enough. Let’s just sell the find and each of us part our own ways. This company is not going to be BHP. Management has waited more than 10 years to get here. Everyone is too old and I don’t believe have to time to wait for another 5 years to squeeze more from what we can get already. Greed will be the downfall.

Expand

Agreed. Having our own office seems more inclined towards promoting WGO.

a shared office should be promoting and marketing the gas. Isnt that why we are here?

are STX and WGO now involved in some contest to see who is bigger target?

WGO Price at posting: 19.5¢ Sentiment: Hold Disclosure: Held
4 Upvote

0 Great analysis

Reply

Top Stories

XRG

XReality Group wins $800K contract from Aus Government for military and police VR training tech

LAT

Latitude 66 Shares Surge 8900% on Promising Exploration Update

AS2

Askari sets exploration target of up to 323K ounces Au at Burracoppin

ALK

Alkane Resources hit 57.2Kozpa gold production through FY24 – and eyeing 70Ktpa in FY26

LLC

ACCC raises competition concerns about acquisition of Lendlease projects