AWE 0.00% 94.0¢ awe limited

Hi, my guess is that AWE won't be too serious about an...

  1. 159 Posts.
    Hi, my guess is that AWE won't be too serious about an aquisition at this stage, not until they've done some more drilling of their own. There are a number of drills occurring now (WA) and some gas prospects (Vic) that I think have a reasonable chance of something coming up and adding to reserves, particularly gas. If so, they'd need some cash for developing those if they can find a buyer - I'd expect that wouldn't be too difficult.
 
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Currently unlisted public company.

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