Well I have read the presentation and wonder if any one should invest in WGP and it's SSP at 2cents?
Most of the presentation slides are really general waffle in giving only back ground to why we should look at CSG etc. and really producing a 100 bop onshore USA a month from eight is basically uneconomic.
The really telling bit for me is how they have slipped in the results of the recently drilled Kaloorup Road 1 well was not a success (look at slide number 5). Extremely sneaky way of informing your gullible investors.
Bottom line WGP is for smart quick finger ramping investors, looking at the Director's track record (terrible) and the company prospect compared to successful companies you wouldn't invest one cent in this dog.
- Forums
- ASX - By Stock
- WGP
- Ann: WGP Operational Highlights Presentation
Ann: WGP Operational Highlights Presentation , page-7
-
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add WGP (ASX) to my watchlist
Currently unlisted public company.
The Watchlist
SER
STRATEGIC ENERGY RESOURCES LIMITED
David DeTata, Managing Director
David DeTata
Managing Director
SPONSORED BY The Market Online