Do not underestimate this quote in the announcement, "It also highlights the project's potential to deliver gas to the Western Australia domestic market and now potentially exports to India." India is in need of a lot of energy and gas is a big driver for that developing country. That's what Bharat are here for, that's what they want and that's what they are going to get. To have access to both conventional gas into WA at high dollar values, plus exports to India is as good as it gets for an up and comer like NWE. Cha is spot on with his post, "A mini Bru" NWE is on the cusp of a massive rerate and once flow rates confirm the stats required I reiterate once again, this to be one of he top performing stocks on the ASX next year. There is a lot of activity going on behind the scenes with the WA government, and Bharat execs flying over and visiting the site with WA officials. We can all whinge and bitch about the micro arguments in the misquotes in announcements, timing of announcements, are the flow backs taking too long, what does this mean etc etc, on a macro level NWE has got it all going for it and it is slowly ticking all the boxes off, all the way to the top, have faith, have confidence, stay patient and you will get those luxury Lilos, plus the pool to float in, Alh.
NWE Price at posting:
7.6¢ Sentiment: Buy Disclosure: Held
