NWE 0.00% 5.6¢ norwest energy nl

trading halt, page-29

  1. 21 Posts.
    It seems to me that doing a CR on the back of such a great announcement yesterday was brilliant. Having said this, we don't know the details (price and who it's open to). Either way I don't see it as a bad thing. The purchase of the additonal 5% in thr Jingemia production licence alone should increase the value in the Company. There has been plenty of people on HC in the recent past talk about the company SP been relative just to the Puffin royalty, let alone all of the other stuff going on, so the income increase on the back of the recent acquisition should more than outway the CR negative (provided it isn't mega diluted). Only my thoughts though.
 
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