The last time we had news rushed out - we essentially shaved the value of the company in half - I'm referring here to the initial K layer result in Dec.
The problem here was that LATER - they released additional results from K - which unfortunately they decided to bury in an general company update in font size 6 - these results however indicated that the K layer was BY FAR a better result than initially announced.
The problems here:
1 - Rushed a result out that was poor 2 - Followed that result up with good flows - however - even worse - they were buried in a larger, general document rather than a stand alone.
Now - with the CURRENT layer - maybe they learned from their mistakes in the previous K layer? Maybe - instead of releasing a rather low INITIAL flow - they're cleaning it up so that we have a great flow with ONE SIMPLY READ - SUCCINCT AND TO THE POINT - GRADE A ANNOUNCEMENT?
If that's the case - I don't mind them taking their time - getting the job done right in one go.
Just food for thought lads.
As John Lennon said:
"You may say I'm a Dreamer - But I'm not the only one"
NWE Price at posting:
3.9¢ Sentiment: None Disclosure: Held
