As I have been saying for months , as we head into drilling the gap will close and may even reverse
both companies will need to raise money in the next 3 months , WGO will need to raise less as cash burn is lower. They may also raise at a higher price if it’s done post a GSA
with the value of STX additional acreage now likely to be realised over a longer period - the value of WE will now once again be the key focus. I am not only expecting parity but WGO to trade at a premium of 2-3 c post GSA
WGO Price at posting:
21.0¢ Sentiment: Buy Disclosure: Held