Updated NWE vs. WGO market cap. / share price comparison based on today's SP close (9/01/2023) and WGO 2P net reserves and NWE net possible resource volumes. If indeed NWE has double the net gas resource volume (2023 drilling campaign will confirm this or otherwise) when compared with WGO and what the market is prepared to pay for WGO's 195 BCF 2P reserves, perhaps our market cap. should be double that of WGO with NWE's share price hovering around 13+ cents post success at LD-2 and NE-1 (and much higher if we value add through Lead E, shallower oil potential etc) ......Phew!
Kind regards OldGeo.
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