NWE 0.00% 5.6¢ norwest energy nl

I like your style DM. This what I think- SP is a bit toppy in...

  1. 188 Posts.
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    I like your style DM. This what I think- SP is a bit toppy in the mid 6's because A- NWE is desperately short of cash and B- I dont think there is flow testing news pending. Further more proving up shale hc's to a commercial level from 3000m will be expensive and time consuming, neither of which we have in ample quantities, so we are hoping for somthing from left field. The Indians? They hold the cards because they have the inside running unless another suitor starts sniffing in which case it will be on for young and old. So we need to know a little more before we get too excited.
    I am not holding at the moment but will be in like a robbers dog when something more definite turns up. Could be soon.
 
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