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5.6¢ norwest energy nl

Ann: Lockyer Deep-1 Operational Update, page-147

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Skeksil

2,248 Posts.

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28/09/21

11:00

Post #: 56398015
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Originally posted by young_punk: ↑

I have to admit that this situation has made me a little nervous. If the well is abandoned to other issues encountered, plus more capital raising etc etc the SP will only go one way for the short term.
Long term I have no doubt, we have gas!
Short term though I can't see the SP doing anything other then heading south as we have delays and possible problems.

Im not being negative, I'm just thinking short term. Issues with well atm, could well and truly be extended. Currently I would imagine the SP to drop as many leave knowing the money will take a lot longer now to materialise.

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That is a down ramp if I have ever heard one haha. So you are saying that management are being untruthful re the timeline not being influenced for flow testing and no material change other than a little bit more money. Still less than the 20 mil we expected for drilling/testing ect.

NWE Price at posting: 2.5¢ Sentiment: Buy Disclosure: Held
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