NWE 0.00% 5.6¢ norwest energy nl

Pretty simple and covered many times in the past few weeks.MIN...

  1. phx
    510 Posts.
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    Pretty simple and covered many times in the past few weeks.
    MIN price has slid because of lithium price and overall market sentiment.
    NWE market cap is around $400m.
    MIN around $15.4 billion.
    NWE have only one asset worth talking about.
    MIN diversified - many other business's apart from NWE.
    A good strike should have a much greater influence our market cap and therefore share price than MIN's.
    Add 100, 500 million extra value, or whatever number you want to use and see how big a difference it makes to NWE compared to MIN.
    Even at $100 mill added value from a successful drill that is a 25% increase in NWE market cap.
    Now add $100 million to MIN market cap.
    MIN goes from 15.4 billion to 15.5 billion - who care?

    I have just used $100 million as an example.
    You can use any amount you want, and the result will be the same.

    Also, a good drill result takes a lot of risk out of our share price, adding further value.

    Just my opinions - DYOR
 
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