NWE 0.00% 5.6¢ norwest energy nl

Ann: CEO Presentation to Australian Energy & Battery Minerals Inv, page-21

  1. 233 Posts.
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    Tui, agree with everything you say except the timing.
    Apart from the cash flow now expected from Jingemia, we will need a second revenue stream in the next twelve months, (fast tracking Xanadu), not two years. Our SP won't survive that long unless we can come up some some more creative tin rattling.

    The outcome of the upcoming 3D seismic survey is the key to calculating OOIP and recoverable volumes, and future drilling locations. A positive OOIP volume will also provide us with the flexibility to obtain bank finance, if required. A major plus for a SP that has nearly been diluted to death.
 
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