"At this early stage, there is significant potential at Xanadu, and Norwest as Operator will continue to manage the evaluation program in athorough and diligent manner. Once the first phase of analysis and review is complete, and all results have been merged into one comprehensive dataset, the Joint Venture will be well placed to decide upon the best way forward in the development of the Xanadu Discovery."
I have bolded the important parts of the release to explain to some of you the importance of accurate and detailed analysis of the data.
It takes time to achieve.
NWE has often been crirised for taking a long time but that is because they do things properly.
It has been the strength that has kept me dedicated to the company.
I was prepared to gamble on the geology so long as I could trust the company.
NWE Price at posting:
0.5¢ Sentiment: Buy Disclosure: Held