you are right. The ball has and always will be in management’s court. It is not enough to have found 1T of gas underground more than 4Km deep. What is the cost of extracting it? Fixed and variable costs. What is the price of selling it and what time frame can we get to production. If it is very profitable can we get finance for the fixed investment cost without further CR? Or maybe best to sell it to a bigger company. What is the best value plan for us shareholders in the next 3 months. If management can answer those questions then we will know how much truly is our stock’s worth and sp will reflect on this price. No manipulation can change the true value of sp.
WGO Price at posting:
23.0¢ Sentiment: Hold Disclosure: Held