NWE norwest energy nl
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  1. TBE
    3,734 Posts.
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    12/09/13
    22:29
    Post #: 12322880
    How are they going to fund a horizontal drill and frack?

    If a vertical drill and frack costs ~15m, how much will a horizontal cost?

    Where is NWE going to get the funding to pay for its 27% share of this?


    Dilution.
    You'd better hope for some good news released into positive sector sentiment.
    NWE Price at posting: 2.8¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 5  Upvote
    lightbulb Created with Sketch.  Great analysis
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