NWE 0.00% 5.6¢ norwest energy nl

Ann: MIN: Extension of Norwest Takeover Offer, page-120

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  1. phx
    564 Posts.
    lightbulb Created with Sketch. 239
    "Because we know there's a lot more gas there" - yes we do don't we.
    This bothers me quite a bit if people are investing in NWE believing that further drilling is a certainly or that anyone knows.
    There is always a risk of no gas, regardless of how small.
    If it was a certainty our SP would be higher.
    Many certainties have come up empty, and some have cost me a lot of $$.
    I don't believe anyone can or should assume that the gas is a certainty.
    I believe the gas is there and am willing to take that risk.
    There are no guarantees - invest wisely.

    GLTAH
 
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