I've punted on NWE for better or for worse. I think you have...

I've punted on NWE for better or for worse.

I think you have made a very good point J9 regarding likely share price movements should for example TL come in. It would be nice to see some of the Broker valuations of 60c odd for NWE actually happen but the fact is that the market sets the price and with the two years plus delay in bringing such a find on stream not to mention profit taking on the way up in a major way, given the swag of shares NWE have issued in recent times, selling into the peak(s) is very good advice. Personally my strategy is to sell at various points - it just a matter of deciding where and when of course!

Also there are likely to be some decent trading opportunites come about should TL be a goer as they would then drill Moondah and Vindara plus there is still Mentelle. NWE could be all over the place in the next month or two.

However one thing at a time - lets hope the CH3 production test gets a reasonable result. As you say its not likely to be a gusher given the various factors involved.