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5.6¢ norwest energy nl

yea it's a subtle point but important. We don't get a...

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barneydigs

6,295 Posts.

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20/09/22

10:21

Post #: 63787273
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Originally posted by Seb93: ↑

Except NWE aren't involved in building this eLNG plant, they are simply putting down an equity stake for a future potential revenue stream which allows them to access higher international prices... There's no distraction here, there's also several other benefits to this move if you dig deeper.

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yea it's a subtle point but important. We don't get a 20% stake in the future facility. We get a 20% stake in the company the owns the future facility.

Last edited by barneydigs: 20/09/22

NWE Price at posting: 4.9¢ Sentiment: Buy Disclosure: Held
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