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5.6¢ norwest energy nl

Ann: MIN: Off-Market Takeover Bid for Norwest Energy, page-188

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cashmoneybros

495 Posts.

121

17/12/22

21:37

Post #: 65354486
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Originally posted by RedRooster2: ↑

Developments next week are going to be full of interest.
CE's nuisance comment has got my attention.
I think it has come out of frustration, don't think he is referring to NWE and JV, but about wanting to get into drilling ASAP and NWE has attracted attention.
The last thing CE wants right now is for a TO offer being presented to its junior partner and this I believe is the loose end he is referring to and guess what Gina has now got 3% of NWE and that is not a small investment.
Now this is interesting ploy by Gina and it also needs to be considered that Triangle (I hold) and who own the permits adjacent and NW of Lockyer Deep looks also to be attracting attention of late with what appears to be some calculated accumulation going on.
I think others are at play here as well, but certainly Gina is being the most aggressive.
We at NWE are well in this game, hold your position plenty of ground to covered yet, want that rig booking.
As always the longer NWE stay in the game and we can, the greater the appreciation of our SP.
my opinion.
GLAH

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100% need that drilling campaign to kick off now and get the flow test results ASAP! If that’s positive it changes this game again. Drag this out Iain, we have faith in you!

NWE Price at posting: 5.9¢ Sentiment: Buy Disclosure: Held
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