You often see ducks lined up when a feed is on offer If you hear...

You often see ducks lined up when a feed is on offer
If you hear ducks but cant see them can you assume that they are lined up?
Should you rush to see if the quacking is all in line
Or just one duck having a quack


Bad news about the Puffin field - there is oil there but hard to get out

When you read the comprehensive income accounts the biggest "positive expense" is a :
Research and Development rebate of $818,565

The Admin expenses totalled $953,587, Directors Remuneration $538,000

The expenses seem high for a company with market cap of $11M

It has $3,517,787 in current assets and 1,103,140,782 shares or 0.319cps
so at 1.1cps on market it is trading at over 3x its cash ps

there are high overheads being ASX listed but the shareholders seem generous and are still prepared to provide funds

I would like to see AWE offer NWE a deal as they are in the same area

Wishful thinking on my part but NWE up 10% today

Cheers