Ok wimps,IMO sp to go to 4c OR 4-5cbase+6-7c risk weighted...

Ok wimps,

IMO sp to go to 4c OR 4-5cbase+6-7c risk weighted premium(3x2c)=10-12c based on results.

There's a core holding in this stock who has been around for ever and know's its real worth so theres a strong base supporting this company. Alot of our exploration assets are valued at next to diddly squat even considering we've run seismic and been working on them for three years so every asset in this company has upside.

That's where the value is IMO. Of course our active drilling capaign this year adds validity to this and creates opportunity for revaluation.

The company understands it is key to establishing a cash flow stream in the medium term. Ie what puffin was going to be, hence leveraging into L14. I wouldnt be surprised if we leverage more into it as it gets too small for Origin. Its the sort of asset we could pick up for penuts by inheritting rehab liabilities and squeeze it to the end.

In my opinion acp22 has a future in the medium term (puffin prospect is worth something as POO up) AED hasn't had the smoothest ride. They are starting to realise that they need to extract maximum value from their existing asset base. ACP 22 exploration is still on the cards with some highly prospective target zones.

TP15 is what it is at this point. Its a good move strtegically for Norwest to drill this out.

PM has been onto shale for years. Its the new key word around there but he's been slanging it for a long time and set us up for an exposure, ie equity swap with EGO.

The onsure PEDL licenses are totally under explored. A heap of up side there. Close to infrastructure and existing markets. Strategically a good diversification and sound asset base- currently valued by the market at SFA.

IMO if Norwest were a big company, it could easily expedite exploration of these areas, canvas strategic buyers, set up vdrs and capitalise on their work big time. Companies would be willing to pay big bucks for the PEDLs. Strategic exposure to the UK, possibility of legitimacy for aims listin- highly highly prospective. Not suggesting to sell just elluding to it's value.

Because nwe is not historically a PR run company the market places an insignificant value on alot of its assets. If our exploration assets were rated as per the likes of an EGO the share price would be double IMO.

ok back to TP15 and bagging the F out of each other, pls continue.