NWE 0.00% 5.6¢ norwest energy nl

Yes going to be a big week Mike.We will need to keep our heads...

  1. 1,826 Posts.
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    Yes going to be a big week Mike.
    We will need to keep our heads on straight .
    The presenting of an increased offer by MIN early in the week may provide us with more certainty about their strategy, especially if it is a bit more generous. If they move quickly, it will be for a distinct purpose and my interpretation of that would be:
    - Confirms they want to reach their TO target of >50% prior to commencement of drilling
    - Confirms they have a positive snap shot of seismic already
    - Confirms a possible very, very large gas reservoir at Lockyer.
    - Confirms they want it all.
    Again this is all my speculating and MIN may just extend the current offer.
    "But what ever comes out of those gates, we will have more chance if we stay together."
    In this great movie the splitters lost!
    all my opinion.
    GLAH



 
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