Remember this ?"Managing Director of Norwest, Iain Smith,...

Remember this ?

"Managing Director of Norwest, Iain Smith, commented ‘’The unsolicited Offer from our joint venture
partner comes at a time when we are on the cusp of a transformational drilling and seismic campaign
which aims to prove up Australia’s largest ever onshore conventional gas field.
Perth Basin gas is becoming increasingly valuable, as evidenced by the ongoing and intense bidding for
exposure to the high-margin Perth Basin Permian gas play. Mineral Resources stands to benefit
considerably, including as an end-user, if it is able to consolidate ownership of Norwest’s assets to secure
full control against a backdrop of an increasing WA domestic gas price, the possibility for export and the
creation of new downstream industries."