WGO 0.00% 35.5¢ warrego energy limited

All IMHO:WGO had $23M at the end of March after having spent...

  1. 532 Posts.
    lightbulb Created with Sketch. 110
    All IMHO:
    WGO had $23M at the end of March after having spent about $10M during the quarter, which I presume was mainly for WE4.
    Assuming another $10M will be spent this quarter, then their likely cash balance at the end of June will be around $13M.

    I smell a CR coming, because the BOD will want to be cashed up for the WE Phase 1 FID which is expected mid-year.

    Cheers
    ft
 
watchlist Created with Sketch. Add WGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.