From your latest NWE report
" It is estimated that the northern Perth
Basin contains a potential 59
TCF shale gas"
Unfortunately the word "recoverable" was missing.
Clear, concise and current information is always required.
That said,I don't think having read some of the posts,that a lot of SHrs actually know what they've invested in with this stock.
I admire loyalty that some NWE SHrs give to their management and have some sympathy for NWE management enviable predicament,but they must shoulder some of the "blame" for some miner missteps.
There is a massive two pages in the West Australian Sunday Times today on the Canning Basin and shale gas,nothing about the North Perth Basin or North West Energy.
I did some quick research on some known known s,NWE is still a compelling story IMHO.
Regrettably asset inertia in some of my other stocks,prevents me from re-entering NWE as yet.
I noticed the santos East coast gas price,same as West coast gas price,how long will this equilibrium last I wonder?
Raider
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