This is probably good news. Sure, it sucks that Warro stalled...

This is probably good news.
Sure, it sucks that Warro stalled due to water issues and the moratorium on fraccing in WA.
But if the moratorium is lifted and gas prices stay high, this means WBE have 100% control of the asset. And with advances in drilling technology, added to the technical picture drawn up by previous drilling, this asset might actually be turned around, especially if they can get a new farm-in-ee and an international drilling crew (e.g Halliburton) to have a crack at getting it to flow..
But very much a bottom-of-the-draw asset at this stage though.