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35.5¢ warrego energy limited

Final Drill Approval, page-130

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katweezel

1,900 Posts.

10/08/17

19:47

Post #: 26427015
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Originally posted by Wasabibarako ↑

cikso: "This will go down as one of the slowest drilling programs in history."

cikso/others: I may be totally mistaken, but to me this has nothing to do with the drilling per se. The immense 'hold-up' must be due to some sticking points / legalities / approvals.... whatever. I still suspect (again correctly or totally wrongly) that not all the necessary key people (locally or employed locally) have been taken care of adequately perhaps?

I can understand the anger of the persons that hold only PRL options.

For holders of the stock, timing should not be such an extreme issue if one believes that the OIL is in fact down there and that the drills WILL in fact eventually take place. Comments welcome.

Best of luck to all.

wasa

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wasa, maybe don't heed my advice, because that's what all the other option holders would have done, read announcements, read presentations, looked at the pretty pictures and bought the options, because they're great leverage, and the timeline was looking so superb! And your question re: 'timing' .... this is PRL mate!

PRL Price at posting: 2.3¢ Sentiment: Buy Disclosure: Held
2 Upvote

0 Great analysis

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