I wouldn’t go as far as saying wrong about everything. From what I understand from their posts, there was always a risk this could be water logged (as with any drill). However how does todays result completely rule out any positive sentiment for the remaining leads/prospects in the tenement? The announcement itself detailed that it doesn’t effect the GCoS of NED-1. Has the whole gas field been thrown out the window with this result?
NWE Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held