2) Path to commercial production-Arrowsmith Field The company must have some sort of time-plan to achieve results? Fatz pointed out that he asked a similar query of the company and here is my AGM query which is UNANSWERED:
"During the following presentations released to the ASX it was disclosed that the company was targeting first production in Q3 2014:
• 18 Dec 2012- Slide 14 • 29 Nov 2012 AGM- Slide 9 • 14 Nov 2012 – Slide 16 • 25 Oct 2012-Slide 16
Since the above public disclosures the company has been silent in respect of this matter. The share price is languishing despite the projected being de-risked. I do not understand why the above disclosures were made at the time if the process is still some years away from achieving commercialisation?
Would it be possible to provide shareholders with a reasonable Gantt Chart for the anticipated Arrowsmith field commercialisation process?"
IS THE ABOVE QUERY UNREASONABLE?
NWE Price at posting:
1.1¢ Sentiment: None Disclosure: Held
