Markie125 take overs aren’t what they want but now WGO has come out and stated they are marketing their own gas that sends a message to the market that STX / WGO strategies don’t not align. As STX have already sold a slug of gas they have to deliver it and that will be at a cost. Now they haven’t got WGO gas to sell the remainder of STX gas will have to cover the cost there for diluting our overall sale price and profit making it harder to raise more capital and give the return the lenders would want. Not saying they won’t do it but a decent offer or farm in and we will be off ... WGO as well.
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Markie125 take overs aren’t what they want but now WGO has come...
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