I disagree to some extent. Raising capital in these sort of environments is not great, however it's not to pay back debt, it's to drill further with a very chance of exceedingly good success. There's gas there in them holes. Probably should have raised money immediately upon discovery, but well, here we are.
As others have pointed out, the gas is still there. It's just who wants to stump up the cash to take it off our hands. Macro conditions are stitching us (and everyone else) up.
WGO Price at posting:
14.5¢ Sentiment: Buy Disclosure: Held
