Fantastic to see some quality discussion about the company's situation and prospects.
TopShooter, i value your posts and i think you've given us a lot to think about, and i agree with a few of your points, but...
I have achieved a very handsome profit from NWE, and if i had sat back and worried about the possibility of "flow rates" and "well-life" and "dilution" and "red tape" and rain clouds and unicorns, then i wouldn't have made all the money that i have in this investment.
High impact drilling in association with top notch management and a first class advertising campaign = share price rise! That's the nuts and bolts of it.
Sure, we may see a cap raising once the price has gone up, sure, we may see low flow rates in 6 months time, sure, we may see flooding which severely affects the drill program...
But mate, if the directors are trying to push the price up... then why not take advantage of it and jump in for the ride. Take your profits. Buy a car.
I could name atleast 50 companies which have had far less resources, less cash, less diversity, and poor management... but they all go UP pre-drill of BIG projects.
...and boy, TP15 is a mother of a project.
PS. Thanks for your posts.
NWE Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
