flavor of the month, page-11

Nobody is criticising their operational expertise regarding the frack.

However, you ignore the commercial parameters within which NWE needs to fight for its existence.

They have limited funding, which means limited time before they have to dilute shareholders again in a capital raising.

They can have the proven concept, but what's the point of holding right now if they're going to dilute your holding by 25% with a placement (approved at the AGM) when the price is below 4 cents, when they could have taken a number of actions to get the share price higher?!

They could have:

1. Delayed the Kockatea examination until the most prospective zones were tested.

2. Communicated accurately and with clarity to the market.



I suppose they can congratulate themselves on a perfect technical program when they've run out of money and diluted the company's shareholders.

You do realise that the latter will happen soon enough, right? They have already planned to do so.