arrowsmith 2 update.., page-71

lol, Potts,
Good to see you back posting.
I am not 2nd guessing on finance, its a legitimate concern, that will sway the price of the stock in to the near future.

As you have put it (I haven't has time to check these figures)

"We have a resource of 2.63TCF of gas.
That is a Oil equivalent of 450 million barrels.
NWE share is over 120 million barrels."

With the NWE % available to dilute, and or forward sales of said "estimated reserves" How much return do you think any shareholder is going to get after holding on those stocks for the last 4 years? then factor that out for another 3 before any real ROI to the balance sheet.

Share price is all about perception, and if it was so rosy in NWE land then the market would perceive that they will be around to collect and price that in, but at these price levels, there is not a lot that proves the market takes them serious in their endeavor to use that "first mover advantage" and become Australia's next big energy producer.

Just my thoughts, and so I adjust my investment strategy to suit the change in market conditions.