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4.17% 2.5¢ norwest minerals limited

Hi AlwaysIMHO selloff can be due to low COH. Drilling was to...

  1. rusty02
    3,543 Posts.
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    11/05/23
    07:44
    Post #: 67712085
    Hi Always
    IMHO selloff can be due to low COH. Drilling was to commence now at AW and REE analysis was due end of April according to Activity Report. Heritage report
    for the Bali rock chip samples again taken ages and waiting with drilling to commence soon after.
    Thats 2 drill program and 2 Testwork and little COH.
    At 2.6cts now so what price will be the shortfall due in June. They will need to discount to attract investors and from what I see nothing to excite anyone to jumping. How will the BOD fund both projects.
    GL all. Hope things improve to at least break even.



    NWM Price at posting: 2.7¢ Sentiment: None Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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