future of nwe, page-39

Hi Pottermore,

Thank you for your informative posts on NWE.

Your proposed financial evaluation is worthwhile.

Thanks

You obviously follow NWE, AWE etc pretty closely.

Are there any recent public information from AWE or Bharat about there intent for NWE as regards capital?

I would love to read some confirmation of their intent.

I don't know much about Bharat but understand they may have African opportunities.

As context:

AWE and Bharat may have other options (maybe with better timing and payoff) and commitments.

I note (E&OE) that AWE have a 1% increase in Net Profit after Bass Strait maintenance shutdowns in the year, declining production in TUI, NZ and elsewhere, and while in production in Texas (Sugarloaf); this maybe with well capital costs exceeding cash flow from oil up to now. The JV with Santos at Ande Ande Lamut (AAL) Indonesia with production will no doubt require capital.

So AWE may have capital commitments / restraints as a result of above reported declines in production/cash flow.

On a lighter note: Management at the AWE AGM were reported by one pithy analyst/commentator as:

penitent and shareholders as pensive,

by comparison, from these threads one may conclude that
some NWE posters think:

management are expensive and shareholders equity increasingly non existent.

Jokes aside, look forward to your contributions.

Thanks and regards

IMHO & DYOR