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5.6¢ norwest energy nl

Ann: NWE Approves Lockyer Deep for Drilling H1 2020, page-80

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Samark

165 Posts.

51

08/01/21

12:18

Post #: 50032618
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Originally posted by Mikey74: ↑

2 line wipes this week, could it be MIN re-establishing their 19.9% holding? Just a thought, but whoever is doing it, I am thankful, as over the years I have worked on averaging down and this puts me into break even.

The nearology is very beneficial, it would be even better if they could announce they have arranged and secured a drill rig.

In the STX announcement, they state 'the major migratory pathway for the hydro carbons is NE'. Lockyer Deep is NE, I can't recall the exact distance, I think its about 10 to 15km.

I hope I can finally move NWE from my bottom drawer and wipe the dust off.

GLTA for 2021 and this drilling campaign finally hitting gas

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Perhaps another party is building a blocking 19.9% interest? Will be interesting to watch for change notices next week.

NWE Price at posting: 0.8¢ Sentiment: Buy Disclosure: Held
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