arrowsmith-2 fracc program locked in, page-23

This is classic 'buy rumour sell fact'.

The day traders made decent profit during the last month and will return shortly. Being a long NWE holder, todays intraday SP drop doesn't concern me a whole lot.

Peter might elaborate on this specific fracking announcement at tomorrow's EOG conference in Sydney - looking forward to attending.

Good write up in the SMH on uncoventional gas in WA - http://www.smh.com.au/business/unconventional-gas-boost-as-wa-clears-way-for-fracking-20120318-1vdsv.html