I reckon followers of NWE on hot copper may account for close to a billion votes, so it is important to post on here in order for people to be kept aware of where we are in the value curve and what is going on in the kitchen. Many of us have been saying this all along, the exponential rise has not happened yet. This time next year, will be a whole new story.
As long as management does not sell us out - and by their actions and words, they have said they will not...we will be able to keep the wolves at bay and see a better payday in the next 12-24 months - be it dividends or t/o.
In fact the timing of the raise takes on more meaning now, imagine not having money to fund our share of the forward program and someone comes knocking on the door. We bitched about it at the time but they made a sound decision to do the raise.
If you look at mins disclosure, they paid averages of 3.2; 3.6 and 4.4 to snare the 150M on market purchases. They're not stupid. They know a bargain when they see it.
NWE Price at posting:
3.3¢ Sentiment: Buy Disclosure: Held
