NWE 0.00% 5.6¢ norwest energy nl

Ann: MIN: Off-Market Takeover Bid for Norwest Energy, page-78

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  1. tui
    6,113 Posts.
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    Dear NWE Holders
    Please see Euroz Hartley's note on 5 December valuing NWE at 7.1 cents with upside to 11 cents if forthcoming  Lockyer Appraisal drills are successful and gas price holds up.
    Also please note that NWE CEO Iain Smith has a valuation defence team to thwart any cheap bids.

    I will leave it to Iain's recommendation.
    Disc . Hold 28.5m NWE
    ps Was once negative  over $A500k so you can imagine my relief at the huge success at Lockyer Deep.
    pss See also V10's post re Euroz Hartley
    Best
    tui
    Last edited by tui: 16/12/22
 
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