It would need to go well north of here to recover what it has lost.
My initial price was around 3c pre-dilution since 2012, I then sold out for a profit. That was 3 years ago.
It would need to go up by 600% just to get back to those levels on price alone, not factoring in dilution.
A lot would need to go right for NWE just to get back to break even ~3-4cents.
Not much needs to go wrong for it to go broke.
Ann: Commencement of EP413 Arrowsmith 3D seismic acquisition, page-24
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