Alexei ii if you do address your issues with EM, please add in the undermentioned reply by NWE to Brady (hot copper) regarding drilling updates:
NWE's reasoning regarding Nil Drilling Activity Reports is because of the reduced market capitalization of NWE today compared to NWE at the drilling of LK1 - is incorrect and total BS.
Market capitalisation is worked out by the number of share on issue x share price.
Our market capitalisation at beginning of July 2021 (spud of Lk1) was 5.073bln shares @ .01cent = $50,730,000.00 Our market capitalisation at beginning of drilling LK2 (Feb 23) was 6.900bln shares @ .069 cents $476,100,000.00
As our present market capitalixation exceeds LK1 drilling activity date by 9 times their answer offered to Brady for the Board's inactivity in drilling reports is a complete nonsense.
What is going on - another misrepresentation to shareholders. Its not all about minres - this is all about Norwest Energy - minres you are a shareholder in our Company and form part of NWE market capitalisation.
NWE Price at posting:
6.0¢ Sentiment: Buy Disclosure: Held
