NWE 0.00% 5.6¢ norwest energy nl

Ann: Quarterly Cashflow Report, page-9

  1. 2,940 Posts.
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    phatplanet,
    I recommend that you read the investor presentation.
    NWE are NOT just sitting around getting fat on our money but are actually doing positive work in advancing the company into a commercial production scenario.
    It takes a lot of time and money to get to this stage when the knowledge to achieve what we have done with A2 was only in its infancy when the drilling was first proposed/undertaken.
    Regulators did not have the rules drawn up, the environmental considerations were not identified and hence the delays and the holdups we encountered.
    I think that your cynicism is misplaced.
 
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