Management over leveraged the company to WA shale gas at the wrong time and diluted the company to oblivion. This was not real bad luck but a strategic decision. Green opposition didn't suddenly fall from the sky at the time either.
Xanadu was in their PF all this time on the back burner so I hope it comes in. Make no mistake, NWE are drawing dead if oil does not flow.
NWE Price at posting:
0.5¢ Sentiment: None Disclosure: Not Held