NWE 0.00% 5.6¢ norwest energy nl

5 more mths, is it abit tight?

  1. 658 Posts.
    nice to hear the brr for the updates.

    i wonder what could be taking the farmout this long? yes it's about factoring in the shale gas potential and offering better value for SH.

    but as a SH myself, its getting abit tight as time pass by? do anyone else feel the same?

    it's the end of may now, according to the terms, NWE has to satisfy the dept by drilling in tp15 before end of Oct. that's in 5 months time.

    imo, if a farmout is confirmed, NWE has to move rather speedily to get hold of rig and then prolly even do a cr to fund our part of the drill??

    would like to hear from you guys opinion. thanks. not downramping in anyway, would like to have some realistic opinions on this issue from all.


 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.