Good of 'This_ is_it' to point out the $92m in losses. All this means is that NWT, subject to meeting all the tests for carrying forward losses, wont have to pay any tax for $92m. So when it makes a profit, and it will, all in the bank.
Issued 3.6billion shares. Thats a lot but all it needs is a restructure to reduce, but only once it is profitable. This will then resolve that problem.
The only real issue, and dark spot, which every one here acknowledges is the $$$. Which is why it is trading in this range. if there were reported $$$ then it would be 3 to 5c or more.
So to you all, I do think at 1-1.2c it is good bet, but, I dont really care whether you buy or sell. Im holding and waiting.
NWT Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
