NWE 0.00% 5.6¢ norwest energy nl

(ASX:NWE) Among WA Billionaires at foot of world-class gas play, page-228

  1. 931 Posts.
    lightbulb Created with Sketch. 577
    there's a lot of rusted on holders at the top end of this company, not to mention retailers on HC, which would demand a higher price. Hard to put a figure on it for me, I can only use the current WGO deal and reserves potential as a gauge, so the next two drills and 3D will sort some of it out. Also there is the potential for an off take agreement for bunker fuel which would blow the roof off it if BP or somebody else wants in. I'd only be guessing at this point but maybe 12-15c by June 30 if the drills are successful. With off take agreement for some and 3D showing a healthy 2C, then 20c plus by end of September!? dyor, gltah
    my conservative numbers. could be much higher
    Last edited by jctrout: 11/01/23
 
watchlist Created with Sketch. Add NWE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.