hartley's research report ..., page-22

Interesting you should say that as the market reacted very favourably to drilling results prior to announcing them and when announced through July-Sep.

'what the market really wants is real figures, long term flow rates and cash flows... and good funding without much dilution.'

The market does what it wants to do. Market moves on hype & excitement driven by greed followed by fear. In the grand scheme if things NWE is in a better place now than when the SP was in the highs in Aug. it's just that the market has moved on and is prepared to wait until the next round of capital raising, but there is the possibility that Bharat might step in. The next set if results leading into the key two zones are the game changers. The SP is a steal at these prices but NSE is struggling. AWE is holding on.... Time will tell.