so I wonder what the implications are re WGO determination as to...

so I wonder what the implications are re WGO determination as to which is the "Superior" Offer?

A now Unconditional Offer of 28c cash paid within 10 Business Days, or a 1:1 Scrip Offer , that scrip offer being worth today 32.5c ????

Surely the withdrawal of STX from the WE development of gas processing already agreed to, and ending its gas balancing agreement, makes WGO worth less today than yesterday? WGO gas has no where to go. I assume STX thinks it can access its gas, and pipe it to its Precinct?? How does that happen under the current J/V agreement?

There has to be a cloud over the J/V, and just how TX will access its 50% of the WE gas. Wouldn't that implicate the supply of feedstock gas to Haber?

The point now is, that with H getting at least 16% (and almost certainly more), the role of WGO assessment of Superior is even more pertinent.
The holding of Dennis Donald of 15.15% becomes even more crucial. If he wants cash and out, then H looks attractive. He won't keep WGO shares, because now future of WE dev't is under a cloud. Will he want to stay with STX if relations are poor?

All interesting stuff.
Remember, if s/h accept cash offer from H, then if H increases its offer, then all s/h who have already accepted under the offer, get paid the new offer price. If they sell on-mkt, then thats all they get.