Not comparing apples to oranges.. but..
Strike Energy not long ago put in an offer and bought out UIL Energy to gain access to the Perth Basin. Strike wanting to become Australia's next Mid Cap energy producer. Having fracked their PEL 96 Jaws deposit (holding 66.7%) in the Cooper Basin, they are still awaiting results. With a current market cap of 124mill its giving me a little woody thinking where WBE can go, given they've already done a lot of work on Warro, including enviro studies, drilling, testing and in the past a green light from the local communities. (realise all this work needs to be re-opened, but exciting times ahead)
