STX have way too much debt already.
May have overlooked WGO massive land holding in the Perth basin. Brought to the party by PRL.
So there is much more to WGO than most have realised. They aren't the operators, which is an asset in itself, but most stock is tightly held by insiders.
Dave Casey, the former PRL MD is the man on the rig. Running the show so good on him for getting his mojo back.
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