The issue about all this is time.
When you get these indeterminate objections that you cannot answer straight away because the data is not available then we could end up loosing another full year because of the weather and the migration of the whales.
NWE if this happens becomes vulnerable unless we can get cashflow from Jingamia.
The wells donot appear to be playing the game as we need. The workovers are not cleaning up easily ..... from my reading of the announcements. This will incur further expense and time delays.
Now I know that Shelly has tightened the NWE belt to the last hole ..... really well done in relation to the reduction of expenditure, but this delay will cost us.
If any of you shareholders have any reach into the dept now is the time to put your hands up and put your shoulders to the wheel to help our little company out if we can. Not suggesting anything nefarious but ask questions ..... and request the dept staff help to resolve the impass and meet all the requirements.
Are the questions being asked fair and reasonable?
Is there a more senior official who can reassess the requirements.
Come on team ....... we are all in this together ...... price of Oil is up .......... exchange rate is down ...... resolution of this impass may make the world of difference.
NWE Price at posting:
0.3¢ Sentiment: Buy Disclosure: Held