Your comment about sentiment being a self fulfilling animal is correct. However, we are going to see PM's true value in funding the next stage of development. The SP is so low that a CR is virtually out of the question.
If there is value, someone will pay good money for a slice of the Arrowsmith pie. If not, shareholders are in for some lean times.
If the NWE staff are genuinely key players and NWE being Operator is of strategic value to the partners they could be inclined to provide some financ to NWE?
There are plenty of ifs. PM needs to be a little clearer in communicating how value will be created via a transparent operating cashflow vision.
NWE Price at posting:
1.2¢ Sentiment: None Disclosure: Held
