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jm69

2,348 Posts.

345

22/02/15

17:08

Post #: 14798157
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Originally posted by TheFatz ↑

Balance sheet after spend this Qtr just under 800k according to last quarterly, cost of drill oil well 5 mill+ without farm in, which appears now less likely to happen, question has PM gone for the cr to drill the oil well or to fund A3 or for some other reason. If they go alone on oil drill and hope for success based on what they believe can be potentially discovered then what happens if this is a duster in relation for $ for A3, another cr?

I am still interested to know why the seismic request for approval has been removed from the dmp database, has it become to difficult to progress (over 12 months now) because of all the red tape with both governments and the protestation of the greenies?

Let's hope holders see clear detail as to what the funds will be used for on Tuesday.

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Details of what funds will be used for? Refer to http://www.norwestenergy.com.au/ass...ts/2013/2013 08 05 Security Purchase Plan.pdf
More talk about potential, Perth basin, etc , junkets to the UK. Very disappointing track history and as nothing really changes with NWE then as a retail joe blow shareholder I would expect to be the one standing up when the music stops for NWE.

NWE Price at posting: 0.6¢ Sentiment: None Disclosure: Held
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