WGO 0.00% 35.5¢ warrego energy limited

also i ran my ruler over WGO yesterday i think it is a good...

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    also i ran my ruler over WGO yesterday

    i think it is a good company but the share price went too high based on current fundamentals

    you probably need to phone them and ask when they are drilling the two extra appraisal wells

    if they strike the same gas then the share price should go up again & you can decide to sell or hold

    at the STX production scenario of 75TG/d, i think it is worth over 50 cents based on cash earnings but production won't start until 2022

    in the long run, it looks OK but not as "blue-sky" as most would wish

    blue-sky can only come from a take over
    Last edited by ddzx: 19/11/19
 
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Currently unlisted public company.

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