hartley's research report ..., page-11

Hartley's present valuation seems about right, would only expect to be a minimum of 20% of that present risked valuation. Funny market, maybe Hartley's have included a "funny market" term as well :-)



Also saw this on another thread, don;t expect it to apply directly to NWE, but the sector as a whole will be buoyed.


Very studious' BHP Billiton prepares to join international $1.5bn rush into shale gas
BY:MATT CHAMBERS From: The Australian March 07, 2013 12:00AM

BHP Billiton is set to join the $1.5 billion rush by international oil companies to gain a foothold in the nation's burgeoning shale gas industry, flagging it would start taking land positions in Australia in the wake of its $US20bn of ...