“can't wait until a big boy takes over WGO and then flogs STX”
I would say it’s very unlikely a “big boy” Co will want the non operated part of the JV without first having STX in the stable, or an agreement with STX on some other form of JV.
the issue with being non- operator is that you don’t have any call over the activity in the lease. The big boy Co will not want that. They would prefer to pay up for the operated part.
IMO
WGO Price at posting:
11.5¢ Sentiment: Hold Disclosure: Held
