Agree 100%. I feel like I have been blindfolded, spun in a circle and asked by a stranger to cross a busy motorway when they say it's clear.
Reminder that as recently as October 2022:
"Norwest Energy (NWE) flags a “significant” new gas lead from its Ringneck 2D seismic survey work within the Lockyer Deep gas basin discovery in WA. The new data from the survey reveals a series of faulted structural highs, known as Lead E, around the southern end of the greater structure. The company says at this stage, further geological studies are required to mature Lead E to a drillable prospect. The company now plans to commence its Rococo 3D seismic survey over the northern part of Lead E in December."
What information are directors withholding from shareholders (having completely flipped from their earlier rejection of the offer) !?
NWE Price at posting:
7.1¢ Sentiment: Buy Disclosure: Held
