I must say I didnt see a CRcoming this quick. Doesnt make sense to me that they wouldnt wait to capitalise on a higher SP once the frac program commenced, given that they appeared to have the cash to do so. As a result will not make up for the lapse in NWEO's. Management must have its reasons but on face value this could've chieved a better result than it will, imo.
Cheers, Sharks.
norwest seeks a$5m for aust./uk exploration..., page-15
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