MIN and NWE have obviously been working hard at the NW Shelf Netback arrangement, hence the attempted appointment of Kevin Gallagher. Would have gone through to if there wasn't kickback from Santos shareholders and been a great story for us! I'm sure he will be supporting via other means though. Can you imagine the impact to the share price if NWE managed to get an agreement in place prior to the Seismic survey and FID? Would also be a great way to clear the 5c mark to if you get my drift.
Kevin Gallagher - "Managing Director and Chief Executive Officer of Santos Limited. Previously, he was CEO of Clough Limited. Earlier in his career, he worked at Woodside Petroleum Limited including as CEO of the North West Shelf Venture."
Says it all really.
NWE Price at posting:
3.7¢ Sentiment: Buy Disclosure: Held