cash raising, page-27

Great post Markob.

I didn't attend the preso, but from a source that did, he mentioned there were quite a few brokers in attendance.

Its this sort of stuff that gets people's noses out of joint (current shareholders and prospective one's, one's that brokers might steer their clients into)

Peter's response was that 'NWE have sufficient money to see it through the frac and beyond'. He further reinterated by saying that 'NWE were not considering a cap raise anytime soon'.

Obviously PM has had a change of tact. Some rationale for this would be good but probably not forthcoming.