Ann: Half Yearly Report and Accounts, page-7

  1. 4,577 Posts.
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    1982,
    Straight up mate,
    Ive had my spine pulled off in a Mortal Kombat finishing move... i was sitting on a 4.5cent average mate.......... my investments nowadays are somewhat richer, so im gearing up more than before... my new average is 2.-2.5cents///I took up 5k in the SPP aswell... I bought good on HZN, and BRU tight gas... and BUL... and involved in the sickly KEY play ramping up in te NPB...look at REY 70 mcap... lol...in comparison norwest is worth more....anyway, Im just focusing on my new investment in norwest and what that represents compared to before....
    what this represents is far better than before.... the complete and total de-risk of arrowsmith-3 (non technical failure small chance)...
    Look at RLE... their proof of concepts Going on right now are only flowing .5 MMCF...
    We got ours 4 times that with stimulation....a base case test of arrowsmith-3 have us at 4-5mmcf, and im pretty sure we can bank that... and therefore bank commercialisation as a low risk...
    and what I expect that to return me off the current price... and for me not to be greedy this time and hold through the good times when we neared 10cents last time...
    yes with a post 5 cent average this is a very depressing situation... but this time its leveraged more... and Peter is still rampant...

    a few hundred percent return now until this time next year is the only plausable outcome one could make///

    the outcome of norwest going lower in the 2nd half is near on impossible...even if WTI went below $40US...
    the thrill of the drills will set the tone... we have a probable tax rebate and Xanadu deal...
    for a company with no market value, and a drive to get arrowsmith3 horizontal and xanadu done, it would take one insane human to not think NWE would run...hey check it out the reversal already started today///

    new oil info is coming...
    also,
    why are you so orrientated on the past? and summons that to be the future...
    look I welcome feedback/criticism //// but come on 1982 I know your the man many years...dont be so down and out ... I dont see norwest like that...
 
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