Don't disagree but NWE have the following problems IMO
- low share price - low sentiment - have a resource, but it's not definitive or conclusive - if it is definitive, where do they get $$$ for horizontal frac? (Expensive) I know we have Bharat but the market assumes NWE will have to stump up their share unless informed otherwise - I won't say poor, but communication needs work and leadership at times. - admin running costs - time delays (Their fault or not)
Nwe can say they are doing their best. That's fine. The market however connects all the dots looking forward and doesn't really look at weather they are 'doing their best' or not. Market just looks at facts and numbers and then potential. Too many unknowns here at present. Any decent bounce will be heavily sold into IMO. All the CR participants will be keen to try and get their $$$ back along with those that are losing faith or have lost it.
NWE Price at posting:
1.7¢ Sentiment: None Disclosure: Held