They (management) need to do something and quickly to arrest this decline in SP and market confidence. The partners must be shaking their head in disbelief at the operator when they view their comms. How is it that our partner in AWE can provide a more comprehensive view of the operations of the well than the operating partner has? Absolutely terrible stuff.
In addition to this obvious lack of comms ability is the fact that an investors newsletter contained more information than an official ASX release. That is simply being derelict in your duty.
Get it together NWE or you may not have a company within weeks. Or at least you will have a company, but one that is valued much less in terms of market cap than you have today.
I am appalled by the slide in the SP and I blame management. Not the market nor the resource.
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