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5.6¢ norwest energy nl

Wooo hooo go NWE $$$, page-69

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Andy355

3,100 Posts.

166

04/04/22

13:31

Post #: 60630935
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Originally posted by GODS BROKER: ↑

Yeah you nailed it Sk1nman, it was to ripe to not take the opportunity that was presenting in CVN, and as it turns out it was a great call, Oilers always losse the love with a CR CVN being a prime example recently….. but they do provide opportunities imo, especially when done around a pending spud, oily pennies have to keep the lights on and the dreaded Cap Raise being sadly a necessary evil for share holders ….. NWE management has taken the opportunity to raise atm and imo it’s a frugal move by them as in the ST the news stream will be light from head office, better for it now than in 3 or 6 months ….. cash in the bank is king for Oilers and explorer's they are stuffed with out it till production comes in ……. NWE is a gem of a long term hold imo it’s only going north in the big picture, and I will back amongst NWE on its fundamentals when things progress to the next level of development and drilling plans $$$$$

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See you in 6 months mate. Goodluck GB

NWE Price at posting: 3.8¢ Sentiment: Hold Disclosure: Held
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