WGO 0.00% 35.5¢ warrego energy limited

Come out from under Strikes marketing blanket, page-11

  1. 2,811 Posts.
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    'therefore would like to see the free cash flow at the 100% capacity'

    The presentation of Prospex states 1.8 million euros per year profit after tax (with full capacity). Not sure how the new wells to be drilled go into this number. New wells means more capital expenditure.

    Not a huge amount but if there is more than enough gas that can be sold on top of that.

    https://hotcopper.com.au/data/attachments/1910/1910432-6d017a01d108b08ba4adbc7057df3234.jpg

    See pages 5-7 of the presentation regarding EL Romeral, P.13 for Tesorillo...
    http://www.prospexoilandgas.com/cms/wp-content/uploads/2019/12/PXOG-Corporate-Presentation-Q4-2019.pdf
    Tesorillo has 830 Bcf best estimate prospective resource which can be a game changer if a commercial flow rate can be achieved. The gas is there.

 
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