NWE 0.00% 5.6¢ norwest energy nl

market cap is 6m for a reason. World energy market has busted...

  1. TBE
    3,734 Posts.
    market cap is 6m for a reason.
    World energy market has busted and with Iran soon to come back into the market, we can expect that downward pressure to remain unless the Saudis change their price strategy.

    Until then, NWE is an extremely high risk proposition regardless of the prospects of their tenements because they are low on cash and limited in their ability to raise capital.

    Honestly, wish you well but that's how I see NWE as a former bull on this stock.
 
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Currently unlisted public company.

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