You would think the worst has now happened.The market knows that...

You would think the worst has now happened.

The market knows that management is on holiday until the new year. Another savage SP decrease down to 3c seems unlikely/unwarrented to me?

Nevertheless, I will be biding my time to buy back in over the Christmas break.

The SP has been depressed so severely (and on such low volume) that even the smallest announcement (ie. Finally finishing the K layer and moving on) will be a positive catalyst.

Good luck all, if you still hold I would recommend continuing to do so. Not worth selling to the poachers at this time. Large investors may walk this SP down a little further as they look to move their money elsewhere, but this should not be a judgement on NWE.

My main concerns (that cannot neccesarily be answered) going foward are:

A) Do NWE have sufficient funds at this time? How long until the money runs out? Will this be BEFORE the SP can recover?

B) How long will this take until management make a decision for production. They say 3-4months. I find this hard to believe considering they have already spent over 2 on the K layer.

Time will tell I suppose.
B) the issue of needing additional funds