NWE
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0.00% 5.6¢ norwest energy nl

panic selling provides an opportunity, page-5

  1. monark
    7,877 Posts.
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    21/02/13
    13:42
    Post #: 11449394
    I don't think it's worth $50m with a long way to go to bring reserve Into fruition and production ... No one can place a value until an expert confirms reserve estimate though generally stock at this stage of production life would be circa $25 - $30m would be my estimate . Too much risk and mgt delays plus poor sentiment for a while plus pending CR
    NWE Price at posting: 4.1¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 7  Upvote
    lightbulb Created with Sketch.  Great analysis
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