NWE 0.00% 5.6¢ norwest energy nl

energy and capital, page-17

  1. 5,657 Posts.
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    Hi Musashi69

    I believe Tui is talking about time to production of the field.
    It is also important to note that NWE cost is 27%. The other partners are responsible for their %. NWE are not covering 100% of the costs.

    I personally believe they will get through this program before they need to raise. The next "Q" will tell all.

    As for price kickers. There are 3 you can look forward to as per forward flow tests (I am not including "K" as I don't think it will improve from first results).
    Each will be reported as results become clear.
    I do not believe there will be 4 months with no news.

    Then you have contingent resource estimates to look forward too. This will be for each zone. Whether at each stage or after. I do not know.

    Hopefully Carynginia and IRCM flowed together will be hard for the market not to notice and we can be up back at 8c with HCSS still to come.

    As a talented TA. I take your point about low risk entry's
    Hope you will still put up a chart every now and then so I and others can try and gain a bit more knowledge on how to read the "magic tea leaves"
    Cheers




 
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