good or bad?, page-25

I think it's fair to say that both sides of the argument have merit:

1) Getting it right and proving a valuable resource, &

2) Funding it without killing shareholders via massive dilution.

The final piece of the funding puzzle is that there is plenty of scope after the value of A2 hits levels of strong interest is a farmout. That will not only provide NWE with an idependent indication of value, will bring in $'s and will increase the share price so future CRs will have much less dilution.