WGP westralian gas and power limited

this is a better company now

  1. 1,666 Posts.
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    than it was 3-4 months ago when the share price was 50 per cent more. Will easily go back to 18 cents if another well is good and production is say 40-50 barrels a day from 4 wells. then as others have pointed out there are still many more wells to be drilled and all the goodies back home.

    It is just a matter of when and when is not very far away. Also from past 3 announcements there has not appeared to be any leakages (please correct me if your experiences have been different) so if you are waiting for inside buying to tell the story ........

    Anyway upside/downside has been discussed.

    Thanks Kris for enlightening me but please take others advice and do some politically correct style ramping.

    BTW I hold av. price of 14 cents so i am sitting on a fair loss.

    Next ann. states production figures for new wells and commencement or details of latest well is my bet.

    I have done my ramp and will let it go now.

    Cheers

    TN
 
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