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5.6¢ norwest energy nl

lets hope this TO is done/closed in two days and we get drill...

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CFC_WA14

127 Posts.

16

27/02/23

14:53

Post #: 66488437
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Originally posted by phx: ↑

He wants the lot I agree.
Anyone would.
Especially at the bargain basement price he is offering.
He said he would do a lot of things, such as delist the company.
This was never going to be achievable with NWE originally having 6,700 shareholders.
But what was his real objective?

He now has control of the tenements which I have always thought was the main goal - not the only goal
He has more than tripled his stake in NWE.

He now has an interest in all but 5-6% of the tenements.
To get the rest of NWE he knows he will need to increase his offer.
I don't think he is willing to, or he would have already done so.
Any increase of the offer has to be given to everyone else who has already accepted.

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lets hope this TO is done/closed in two days and we get drill announcment by Friday, that would be an amazing outcome. Our shareprice can run its own course and dont get pulled by MIN. my 4.8mil of NWE is a "no brainer" to keep hold.

Last edited by CFC_WA14: 27/02/23

NWE Price at posting: 6.1¢ Sentiment: Hold Disclosure: Held
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