NWE 0.00% 5.6¢ norwest energy nl

moving buy/sell, page-16

  1. 5,657 Posts.
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    What I find condescending is comments like this about such an important zone.

    "but I'd almost be happy never to hear anything more from NWE in regards to the K layer.

    I think anything reminding the market just how much time and money was sunk into this quagmire will just pull that SP back"

    Some how you think NWE call all the shots.
    That just because they will need to raise cash soon. AWE and Bharat should just "wear it' because NWE want to skip a whole zone THAT PRODUCED OIL just so they MAY be able to raise money at a higher price.

    Am I right in thinking you were hoping to be out before the next C/R and that is looking like not working out.

    As far as I have research. They where covered through this well and only had to come up with another $500,000 for the fracc delay.

    They spent Millions on this hole. Every effort should be made to gain every bit of info that they can. Which was and is the objective!

    Not clear on what point you are trying to make on the trades.
    I have a core holding and a trading parcel. If you are asking why I don't trade all of it? Because I'm not good enough to do that, and don't what to end up on the wrong side of the trade (As my average is low.)

    DM. You want to voice you opinion that the "K" zone is rubbish and should be skipped.
    Then expect to be challenged on that.
    I have put up facts as to why I think it is not.

    If you have taken offence. Sorry for that. It's just getting frustrating reading one emotional post after another.
    No offence was intended.










 
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