"Only new here, but they don't actually own the land do they?"
They dont own land they own the oil and gas rights of the land
And don't they have to pay crazy amounts of royalties in canada for mining?
"no, canadian royalties were lowered substantually recently to boost the O&G industry - canadians like having jobs!!!
I hope this goes alright, the upcoming news.
So do we all :)
Interested in NWE is it Norwest, but they have the delay now over things with the frac.
Yes surprised we hav'nt seen more posting on this, a lot of local companies went to a real lot of trouble to co-ordinate their drilling a fraccing requirements and a bunch of &%$##@@# not very nice people have stuffed it up the *&^%$#.
We drew the ace and managed to get ours away, first cab off the rank if you will, bloody lucky, as todays AFR noted.
Means we will be making production and development decisions, supply negotiations, excetera, excetera, excetera, while all our competitors for local supply from the perth basin are trying to get exploration happening.
MASSIVE COMPETITIVE ADVANTAGE, hello mcfly
Now if I was a conspiracy theorist!!!!!!!!!
Sometimes it payes to have friends in low places :))))
TSV Price at posting:
4.4¢ Sentiment: Buy Disclosure: Held