NWE 0.00% 5.6¢ norwest energy nl

Ann: Trading Halt, page-21

  1. 8,491 Posts.
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    I don't think we should take too much praise for intervening with ASIC and ASX.

    A 'here is my homework, teacher', type of announcement of routine progress would not have required the somewhat panicky phone conversation asking for a pause in trading, before getting together the justification for a trading halt.

    Something happened at the drill site, and NWE (even as MIN appointees) would not dare let the discovery of gas leak to the media before a trading halt was put in place.

    So I am optimistic there is gas.
 
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