WGO 0.00% 35.5¢ warrego energy limited

management, page-4

  1. 5,348 Posts.
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    I have said it many times. They would be much better to merge with STX as they get to go along for the ride with the greater erregulla area resource.
    A CR here would be more than a very poor result for shareholders (huge dilution) and would be almost negligent as to forward forecasting of cash requirements from management.

    They are far better to go down a path of JV wealth creation in what could be a VERY large overall basin resource. It makes you wonder what WGO management are thinking that it hasn't happened already !

    And I am a WGO shareholder.

    IMO
 
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Currently unlisted public company.

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