Markob, Steady growth and a Rerating will come at completion of flow rates then resource estimates which will show true potential value of NWE, you are spot on, they will be driving this to get price up for CR, and 20c is not out of be question within the next month or 2, don't forget they dont have to wear the total cost themselves, they have 2 partners, Bharat is huge and Awe is a very solid company, we don't know what the future structure will be with those partners. Dont lose sight of the fact we only have 27.5% here, we are going to need very solid results from the coming flow rates and a substantial resource estimate, which in my opinion they will get and in time all the boxes will be ticked, and to have Bharat and AWE is a huge bonus, Ah.
NWE Price at posting:
7.5¢ Sentiment: Buy Disclosure: Held
