proactive investors post, page-62

Hi TBE, NWE had $2.5M cash at the end of March, and projected cash burn of $0.5M cash burn, mainly admin for the current quarter, leaving $2M by the end of June. I dont know what their contribution to the A-2 frac will be or if its totally free carried, but by the end of Q3 they will be down to at least $1.5M with another quarter of admin costs. Any other costs - exploration, development, etc - and the balance will be less. It would make eminent sense to take advantage of an elevated SP off the back of A-2 results to get the most money for the least amount of shares issued, before the SP consolidates of its own accord (as SP's almost always do after a string advance).

You cant honestly be saying that we will see gas commercialised out of EP-413 and sales revenue hit NWE's bank account using only $1.5M cash in the bank after A-2 frac program is complete, surely?

Cheers, Sharks.