NWE 0.00% 5.6¢ norwest energy nl

Ann: Lockyer Deep Operational Update, page-112

  1. 2,242 Posts.
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    $1,457 or $5,260 per 1 Million shares - Count me in!

    EP368 / 426 is a world class asset and the staunch shareholders know it.

    Notably MIN have hit a brick wall in the takeover accumulation of NWE.

    The crazy thing is we are still at appraisal and exploration phase and we don't fully know the true value of Lockyer Deep or North Euregulla Deep?

    But I'm willing to wait out and let it grow.

    Paul Kelly once said "From little things big things grow."

    NWE grew +250% on one significant drill announcement which we truely dont under how big is.

    We now have multiple drills with first additional spud imminent... Maybe next week or so..

    Obviously MinRes have enough confidence in the behind the scenes data and have already placed a +$400m bet and you know what....

    I think MinRes are right....

    MinRes and I have something in common - We both believe Perth Basin Permit 368 / 426 holds alot of gas.

    Lets go do some drilling!
    Last edited by SkyPunter: 09/03/23
 
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