Talking of Waitsia, Let's hope NWE and Lockyer Deep fare better than AWE did after they made the initial play-opening discovery. Sure AWE had other issues (NZ mostly) but the market gave no credit for amazing drilling outcomes. I'm afraid those that buy and hold may well get burned again (me included because I can't wait to see jaws drop when the reserves are announced). Shame there are too many traders out there to undermine us retail investors.
NWE Price at posting:
3.9¢ Sentiment: Buy Disclosure: Held