NWE 0.00% 5.6¢ norwest energy nl

Ann: Norwest Energy Reiterates TAKE NO ACTION, page-134

  1. 1,409 Posts.
    lightbulb Created with Sketch. 285
    CE didn't get to his position by doing things by chance. Certainly risk involved, but I would imagine a lot was factored.
    The delay between the bid and offer (still haven't received my offer yet) was another well played shot.
    From a MIN/ERL side they can't be deliberately holding back on the rig, but the complete lack of information is now quite concerning.

    I hope the target response does have an evaluation. During the break I was thinking pre drill there was a high prospective number of 1.12TCF. The calculations in the AGM presentation equate to approx 3TCF, so I'm thinking an evaluation of approx 2 to 2.5TCF will be mentioned. I'm sure there will be many provisos in place for the number, but that number also helps substantiate a base for the NWE SP.

    Every morning comes and goes and no ann. Hopefully this week sometime.

    Thank you to all for your constructive and informative posts.
    Mike

 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.