Yep, she's over a barrel. They probably don't even realise???
Unless PM has done some sort of Miracle deal to fund this further, there are no Ann's left too surprise the market IMO.. A 5-6 month wait for tubing and installation.....it'll just dribble lower and lower.
Dice, I think you said you'd gladly walk away with 5c if there was a T/O....I'll be running!!
NWE is now in a position of low cash, low share price, no income, no known ann's and a lot of time before anything happens. Bad combo. Doesn't matter what the resource, the market will whip you in this position.
NWE Price at posting:
2.3¢ Sentiment: None Disclosure: Held