NWE 0.00% 5.6¢ norwest energy nl

much resistance from 0.09c, page-23

  1. 2,718 Posts.
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    yes it was 5 years ago or thereabouts. I don't think too many people would be still holding from back then. Anyone on this post been holding that long? I looked at NWE over the years and remember puffin. I think NWE will rise above it's past poor performance and bad luck with their holdings in the Perth basin. Any future commercial production can be easily delivered thru infrastructure nearby and so NWE, if they can prove up the reserves, can produce from A2 area in a short period of time IMHO. Over the next few months, I'm sure they will prove that and move to the next stage of planning for more wells and construction phase for delivery of gas to WA markets.
    Or be taken over during that period.
    Anyways , looks like today it has the markets attention. See what happens over the rest of this week whether it's a temp spike or the start of something more meaningful which I think it will be.
 
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