NWE 0.00% 5.6¢ norwest energy nl

Ann: CEO's Address to Shareholders, page-24

  1. 4,503 Posts.
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    a few posters could probably do with some time away from commenting on NWE.

    it amazes me how some holders can stay so positive in the face of absolute destruction of shareholder wealth over a period of time.
    Remember the days when this was 10c? We were self proclaimed pioneers in the west, drilling was underway on A2. the golden age of gas was upon us. PM was our hero. We were getting weekly announcements from the field. TP15 was in its infancy, but all we needed was a farm in partner. The UK stuff was in the background.
    Then the share price started to slide. No one here has anyone to blame but themselves for not setting appropriate stop losses. I didnt think it was necessary at the time, as we had what appeared to be a monster resource, a knowledgable management team, well funded j/v partners in EP413 and plenty of buzz around what we were doing. The rest as they say is history.

    How much more support can an exhausted shareholder expect to give a minnow gas explorer?
    Its almostNorwest Xmas time.Aalthough, its not "down tools" this time around, its "down pen, paper and coffee mugs".
 
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