NWE 0.00% 5.6¢ norwest energy nl

I did ask NWE a few weeks ago if they had enough $$$ to fund...

  1. 145 Posts.
    I did ask NWE a few weeks ago if they had enough $$$ to fund their various commitments including the CH3/4 & TL 1 production testing and the Vindara/Moondah Contingent wells.

    Their reply was not entirely clear however the impression I have is that they would need to raise more for TL 2 and Vindara/Moondah. I'm not concerned about this as if these wells are actually drilled it means we are well and truely in the $$$! They would be raising further $$$ no doubt via placement (Being the quickest method) at a price hopefully well above 9c odd. Therefore less dilution.
 
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Currently unlisted public company.

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