Ann: Trading Halt, page-99

If MIN wants to lure people into the Acceptance Facility then why, on the day of the announcement, does NWE announce a trading halt 'pending an announcement by Norwest in relation to the drillingresults of the Lockyer 2 conventional gas appraisal well'. Would this be a negative announcement, that would interfere over the next few days with the intent of the Acceptance Facility.

The well is, as I understand things, nowhere near target depth. This trading halt therefore appears to be one that will tell us gas/oil has been found well above target depth. The directors of NWE, whether they like it or not, would not risk ASIC's wrath by suppressing such news.

In other words I consider that the Acceptance Facility has been pipped at the post, by the discovery of gas. Nobody in their right mind would now enter the smelly dunny of the Acceptance Facility.

By the way, the letters in Acceptance Facility can be arranged to read cynical fat cat piece, believe it or not.