TopShooter said "and without being able to calculate revenue of the UK project (ie how many well's, and flow rates) you really have no idea what the end result could be."
Well, of course you can't calculate the above unless there is empirical evidence on a drill coupled with ann. on number of wells to programmed.
That happens to be the exiting part.....anticipation! given the highly prospective permits that NWE have run seismic on and subsequently delineated drill targets and prognosed the likelihood of oil/ gas containment.
If you are so unsure of this Company, why not check out the MEO/CUE/MOG/, or MMR/BUY/BPH/GBA or CTP/ROG/BG jv Companies. They have prospects and have a strong following due to all the above that I have said. You would find a similar situation.
Choose your poison, but that is what we as shareholders thrive on to make a quid by getting in early.I have been with NWE for several years now and just patient to wait it out for a good return on my investment.
Maybe STO, WPL or ORG may be the way to go for you, but whatever the decision you make,I wish you well and the decision rests entirely with you.
Cheers,
HB45
NWE Price at posting:
3.8¢ Sentiment: Buy Disclosure: Held
