I quote.. "The most knowledgeable people in relation to Shale gas and Oil in Australia are our team. They will be extremely sought after by other companies who will want to poach them. So be careful of the rocks that you are throwing at them because they can easily pack their bags and be gobbled up by another bigger player, maybe even at significantly higher salaries than they are receiving at NWE. If that happens then that is a real risk to our investment not the arguments that have been beaten to death on here for months."
Actually I think you will find the likes of TBE and others like myself have interests in other companies that are further down the track with producing shareholder value. thus that's why we talk about it in context of where we are at for the short to medium term.
Long term is crystal ball stuff in the market these days and the way it moves so fast, with corporate take overs and the musical chairs of directorships.
I note you point out the possibility that our PM might be gobbled up by a large concern.. We can only hope so, as this would ignite the share price a little. And funny that you mentioned this as I was thinking of putting forward a proposal of sub-letting him out on a daily rate for like 10g a day on consultancy fee's.. pay him 3g and put 7g back in to the company, at least this way NWE would have some income for the next 3 years.
NWE Price at posting:
1.3¢ Sentiment: Sell Disclosure: Held
