NWE norwest energy nl
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Ann: TP 15 Farmout and Share Purchase Plan , page-9

  1. andyno3
    11,420 Posts.
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    28/07/10
    10:15
    Post #: 6951411
    d_crome heres your answer.

    These funds will be applied to UK and
    other Australian exploration activities, operating overheads and to provide interim
    bridging funding of TP15 and EP413 activities whilst the farmout of those projects is
    formalized. Any funds outlaid by Norwest during this bridging period will be
    recovered from the prospective farminee assuming the transaction proceeds
    NWE Price at posting: 2.7¢ Sentiment: Hold Disclosure: Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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