Monark - yes it is hard to believe the old days of trading NWE up in the 10-20c ranges on drilling activity and having a ball are long gone and your comment on consolidation is of course in my mind correct and the only way out for NWE to retain equity in the projects they hold - AND there are an enormous No of other resources Cos that will need to do the same ( check meo out this morning a duster 4c )
consolidation is now an even bigger risk than just CRs at this end of the market!!
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