gas shortage, page-21

Wasa,

No time frame for the party has been set, but i do strongly believe that NWE will pay off in the medium to long term.

I have heard from other members on the forum that NWE could be a possible takeover target. I do not think it will happen any time soon. SP is at petty levels, gas reserves have been confirmed, infrastructure is near by, WA is hungry for gas, price of gas in WA is rather high.

Despite of all these positive factors, no take over bid has even been rumoured. If Indians or AWE are really interested, why not have it at 3c and not wait for SP to increase.

Shell has forked out 250 mil to get a slice of whatever Linc has got. Now, that's a commitment.

As far as the party is concerned, SP at 25-30c will do.