I totally agree with TBE and D_Crome. Why would the share price respond positively to this announcement???
Agreed the resource hasn't changed but the reports contradicts a previous report regarding when flow rate testing had commenced.
This either indicates management has either misled the market or are incompetent and have reported incorrectly in the latest report or they have failed to inform the market earlier of a delay in testing.
Either way todays drop in SP IMHO is a reflection on managements failures.
NWE Price at posting:
7.0¢ Sentiment: None Disclosure: Held