Thanks for the reply. I enjoy frank and honest discussion/debate on stocks. I will admit that I don’t know that much history on WGP. I initially got interested when they mentioned that they were investigating UCG in WA under the JV with Oswal. The research I found that they had a number of tenements and the deal with Oswal looks promising. Even though energy prices are coming down around the world, I believe WA has a good market for energy demand. I also found the cash position to be very poor which would explain the share price. I figured that if the JV is approved and the message gets out there then the share price will improve.
Cheers, Shane
WGP Price at posting:
3.5¢ Sentiment: Buy Disclosure: Held
