NWE 0.00% 5.6¢ norwest energy nl

Ann: Lockyer Deep-1 Operational Update, page-51

  1. 360 Posts.
    lightbulb Created with Sketch. 16
    Hi Pakkham
    I don't there will be any CR anytime soon as they have plenty of cash for this and options have yet to be exercised also.
    Also, in the announcement:

    "The necessary additional time and equipment for completion will
    result in incremental costs to the joint venture that are not expected to exceed A$5 million (NWE share being up to
    A$1 million). The Company remains more than adequately funded to complete the remedial works, conduct the
    production test, and complete the planned 3D and 2D seismic programs that will inform future appraisal and
    exploration programs."


    W

 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.