AWE
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0.00% 94.0¢ awe limited

tui 2011 production forecast, page-33

  1. sircorp
    13,234 Posts.
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    16/07/10
    00:25
    Post #: 6908766
    Loki

    I am worries that AWE may be further downgraded by most brokers. Liyun-1 was expected to give 70 Million Barrel Oil but it is totally dry.

    This is fourth big failure for AWE in a row. Each well is costing fortune with no return.

    I expect good write off. Worst is CR to fund more drilling.

    Holding tight, I wish it does not drop any further.

    AWE Price at posting: $1.66 Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 1  Upvote
    lightbulb Created with Sketch.  Great analysis
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