NWE 0.00% 5.6¢ norwest energy nl

Ann: Trading Halt, page-81

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  1. 1,959 Posts.
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    The CR for NWE was enevitable, we are a junior Explorer engaged in a JV with a bigger time joint partner who is fully funded.
    The JV is announcing positive results and with that has come aggressive future drilling & seismic planning by operator. $$$$
    If management didn't make the call, I would start to feel insecure.
    We simply have to fund up now, take out possible variables, position up and a significant raise is required at this point. I say again at this point.!!
    This is not ideal for many investors, but sure is for me and I'm sure others.
    I am hoping for a piece of the CR action, as I have posted, options will suffice, but more is better.
    Even if we are excluded at this point, I wouldn't be to concerned, because the company has sized up the situation and is reacting exactly as a confident invested company should.
    Gotta say if it got to this stage I was always uncertain whether it would be a CR or a TO.
    CASH RAISE WINS.
    In my opinion so does the faithful.
    More time involved, not that long.
    All imo.
    GLAH, go your own way.









 
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