NWE 0.00% 5.6¢ norwest energy nl

arrowsmith 2 update.., page-89

  1. 1,665 Posts.
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    Andy,
    Thanks for that link, You have been great at posting and research, while some like Ducky want to bag those that actually discuss the highs and lows of the stock and provide as much information on what the punters feel, others are content to have their heads in the sand and hope for the best.

    This article basically reiterates has have discussed.

    Key to my posting as before, have been and will be..

    "The funding gap is likely to weigh on the stock, a fact already on the radar of company watchers. “What is clear is that Norwest does not currently have the balance sheet capacity to fully fund its 2014 exploration work programme, nor a field development scenario. We expect capital strategy to be a major focus for the company over the next few months, and we would expect a capital raise to be likely before the end of Norwest’s FY14,"
 
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Currently unlisted public company.

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