d_c, I couldn't really understand your post this morning about how the sp would tank to high2's early 3's. It certainly wasn't very realistic bearing in mind that the real game has only just begun. Your following posts about the shale potential made much more sense.
As you know AWE have engaged Citibank to look after their shale gas acreage farm in and NWE have engaged Moyes who just brokered a $100m deal with Falcon and Hess up in the Northern territories.
There is a lot going on in the background re WA shaleand my pick is for some of the big boys to play a card or too before too long.. We have the right connections ( Bharat, AWE ), the right acreage and the right hole in Arrowsmith-2.
I have an interest in ADE as well and that is starting to attract attention.For the same reasons...Shale.
Pity about Redhill but I bet they gained a lot of info.But here's to the middle of May and as you say.............. THE REAL GAME.
NWE Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held
