WGO 0.00% 35.5¢ warrego energy limited

Ann: WE-4 Results Extend West Erregulla Gas Field, page-103

  1. 20,230 Posts.
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    guys
    personally I am happy were we are at , and good luck to STX holders if it goes great guns. They are being gas t the forefront of the national agenda.
    I do agree that WGO remains vulnerable to aTO , specifically as STX or someone else would be buying a Derisked asset with 10s of millions already spent on future production wells.
    wgo should be cheaper now for STx than it was when they had the initial crack as 10s of Millions have been raised and spent on drilling and derisking. However WGO does not need a TO to realise value , being boring a developing this huge field will see them realise significant value for shareholders
 
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