Dear NWE Holders
Please see Euroz Hartley's note on 5 December valuing NWE at 7.1 cents with upside to 11 cents if forthcoming Lockyer Appraisal drills are successful and gas price holds up.
Also please note that NWE CEO Iain Smith has a valuation defence team to thwart any cheap bids.
I will leave it to Iain's recommendation.
Disc . Hold 28.5m NWE
ps Was once negative over $A500k so you can imagine my relief at the huge success at Lockyer Deep.
pss See also V10's post re Euroz Hartley
Best
tui
