NWE 0.00% 5.6¢ norwest energy nl

I sold MIN last year. Felt it was getting frothy. The latest MIN...

  1. 68 Posts.
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    I sold MIN last year. Felt it was getting frothy. The latest MIN move with $970m invested in China lithium processing seems like an unecessary high risk given current tensions. Really not interested in swapping under valued NWE shares for what I feel are currently over priced and falling MIN shares.
    I understand the risks on the upcoming drills and the risk we may need to do a CR to fund future work. Plus the very small risk of compulsory acquisition.

    I would rather not pay CGT today.
    I would rather full exposure to 2 very high chance of success upcoming drills. The first of which begins in a couple of weeks.

    Do your own research figure out whats right for you.

    For me It's HOLDING. Still seems lowest risk and highest potential return, with lowest upfront tax.









 
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