my opinion of the value of NWE would probably not be worth the cost of sending the data to hotcopper. I do believe that we are getting close to something breaking out. The best time to buy is when the sentiment is in the toilet and the best time to sell is when the sentiment is at dullafiddy5. Had I followed that advice I would be significantly better off. lol.
The people who did the evaluation ("Edison") do this for a living. They are experts and they are conservative in the extreme. So I would probably hang my hat on their numbers at present.
BUT ..... big BUT, if 1. The figures for A2 come back better than we thought 2. Peter can get the funding for A3 tucked away 3. A joint venture agreement to drill Wessex 4. A Farmin agreement to drill TP15 5. something else exciting comes along 6. A whole group of positive, excited shareholders comes along ......
then the price may exceed that of last year.
NWE Price at posting:
1.3¢ Sentiment: Buy Disclosure: Held
