NWE 0.00% 5.6¢ norwest energy nl

flavor of the month, page-128

  1. 196 Posts.
    it seems from awe that they are in it for hcss which they have mentioned several times .

    anything else is a bonus imo

    so any results from other zones is not going to be crucial

    once they start the clean up of hcss this share will go up.for this reason and also because of strength of joint venture partners i have bought back in as the fundamentals of company dont justify this price .

    while i have been critical of management you have to remember one thing .the jv partners also read their announcements so if they are sticking with them there must be something very promosing here .

    their interests in england can be farmed out to cover initial drilling costs .which in itself represents significant value to the nwe .

    throw in hcss and you have a good buy at these levels .
 
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