NWE 0.00% 5.6¢ norwest energy nl

Ann: MIN: Norwest Directors recommend MinRes Revised Offer, page-12

  1. 1,393 Posts.
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    I spoke with Iain at the AGM prior to all this TO talk and were focussed on the 3D and the upcoming drills in 23.

    I have now sent an email to Iain asking for him to explain the evaluation and how that relates to the 2 permits.

    7.4 cents represents an approx MC of just under $500M

    It's time for them to put out a resource estimate to explain how this is an acceptable offer.

    Because to me it falls far far short of any acceptable, just with LD alone, not mention of Lead E.

    I do not agree with the board's assessment and will not be accepting this offer


 
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