Ann: Strategic Alliance and Capital Raising,TSV-NWE.AX, page-9

Hi Shrewdy,

Thanks for your comments. Prior to this mornings announcement I thought that we might actually see some appreciation in NWE's share price. If we had found a suitable partner my expectation was that .003 and maybe even .004c would be taken out as investors brought in to NWE's assets and drilling campaign. It was the start of some positive movement in the share price that shareholders have been patiently waiting for. Yes we are still alive and funded but I am now unclear what will spark the share price in to some action and when as there is no drilling until 2017. I see the share price heading back down to .002c and more of the same we have been experiencing in the first half of 2016.
Like most holders I would love to see NWE share price back to a more palatable level, but now there will be over 2.5 billion shares on issue
Let's hope for some good positive news going forward.