WGO
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0.00% 35.5¢ warrego energy limited

Flow test, page-17

  1. ggwill
    2,807 Posts.
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    30/08/22
    18:49
    Post #: 63416242


    WGO (WE3): Gross Kingia 60 metres, net Kingia 30 metres

    NWE: Gross Kingia 34 metres, net Kingia 20.2 metres

    Gross is not that relevant IMO as it includes tight gas.

    NWE has 20% of interest. 80% owned by Mineral Resources who wants (cheap?) gas for their projects. WGO has 50% interest in WE.

    Yet NWE's market cap is 80% higher. I don't understand, it may the be the chart thing and cheerleaders etc.

    Any explanations welcome smile.png

    WGO Price at posting: 15.5¢ Sentiment: Buy Disclosure: Held
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    lightbulb Created with Sketch. 1  Great analysis
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