Minister might not approve - Very low to negligible risk
Minister might continue to delay (how long has it been with him now?) - Low to moderate risk
Fracture stimulation doesn't deliver flows (really?!) - No comment as I don't have enough personal technical knowledge and information at hand technically to comment.
Rig availability if/once approved - Moderate risk
Cash.... - Arrowsmith2 is paid for.
Weather/floods? Is the North Perth Basin prone to flooding/cyclones? - No, Nil risk
NWE Price at posting:
4.3¢ Sentiment: ST Buy Disclosure: Held