AWE 0.00% 94.0¢ awe limited

hy financials, page-2

  1. 159 Posts.
    Hi, my guess is that AWE won't be too serious about an aquisition at this stage, not until they've done some more drilling of their own. There are a number of drills occurring now (WA) and some gas prospects (Vic) that I think have a reasonable chance of something coming up and adding to reserves, particularly gas. If so, they'd need some cash for developing those if they can find a buyer - I'd expect that wouldn't be too difficult.
 
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Currently unlisted public company.

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