gap, page-48

I topped up at 4 cents today.
As for potential valuation, well BPT put on 600m in market cap after booking 2tcf from 2 wells they drilled. What does that mean for NWE? Anybody's guess.

Looking at US valuations makes me giddy, even if NWE were valued at a mere fraction of those prices per acre. Let's face it, we're not going to get anywhere near those numbers even after booking reserves.

I still suspect that we will reach up to 15 cents upon approval and drilling commencing, then 30 cents plus is a very real possibility if we can get some good results.

By the sound of things, that is very likely.


I see so many good things about this company that it's almost too good to be true. That's why I started the thread about risks. It's easy to get carried away.