Ann: Trading Halt, page-219

I could articulate the argument here...but instead, Ill simply restate my point...

My point is that NED-1 is a key value catalyst. Minority shareholders in NWE are better served with the continual value accretion arising from delineating the field. MIN wants to focus on one area so they can get enough gas to feed their self funded gas plant - They don't need 2P/2C - they're self funding - theyre happy with 3C resources. So they want to use JV funds to drill "production" wells, not "appraisal" wells - key distinction and it surprises me that someone with your self declared knowledge is not cognisant of this. So, to use all of NWEs existing funds for wells that suit MINS agenda is detrimental to the interests of minority shareholders in NWE.