NWE 0.00% 5.6¢ norwest energy nl

opinion, page-7

  1. 13,011 Posts.
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    onyx: wasa here and thanks a lot for your kind words. However, tui is most certainly MUCH, MUCH MORE knowledge-filled than myself in regard to oil/gas (incl. CSG/Shale) explorers!
    But I can relate to you my own experience: My old records (had to look them up, obviously) also show that I got into NWE in 2007 at over 30c - at 33c to be exact. Since then I have averaged down my NWE price quite massively and am now in single digit cents territory (between 5c and 10c). I am also holding some NWEO.
    Obviously, I did purchase those NWEO's because I believed that the NWEO's would be "in the money". However, due to circumstances beyond NWE's control, a lot of delays happened which now make the outcome of those NWEO's "a close call" for sure.
    Regardless, I most certainly would expect that over time NWE's sp will reach a level HIGHER than my very original purchase price in 2007! But a fair amount of patience will - as so often - be needed.
    Contrary to some other posters here, I am also very positive in respect to NWE's prospects in the UK.
    And the near-term future looks "fracking good" anyhow.
    All the best to all NWE longs and - like in our case - very longs!
    wasa
 
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