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35.5¢ warrego energy limited

Is it a coincidence? After they wasted $20m without any result,...

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Fast&furious

615 Posts.

128

17/09/18

11:39

Post #: 35643086
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Originally posted by Wilson4 ↑

From my understanding we (Schuepbach) were contesting the fine but I have no idea of the outcome. IMO, one possible explanation is that this entire fiasco was engineered to transfer wealth from PRL shareholders to the drilling contractor. It seems they were the only winners and it would be interesting to know where that money ended up.

There must be an explanation as to why interest in further drilling has ceased completely. What do management know that we do not? How was 20 million spent and where did that money go following payment?

The 20 million was OUR money and we deserve to be updated on what happened and the current situation, not to mention it is a legal obligation of management to keep the market informed regarding price sensitive information.

wakey wakey management

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Is it a coincidence? After they wasted $20m without any result, they managed to issue shares for themselves and basically taking over the company. Something definitely doesn’t smell right here.

PRL Price at posting: 0.3¢ Sentiment: Buy Disclosure: Held
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