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5.6¢ norwest energy nl

Fair point.Thanks for the input.

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mattyman174

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07/03/23

15:40

Post #: 66645982
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Originally posted by phx: ↑

Hopefully, no one on here will give you financial advice - it is illegal.

The decision, like most, is about risk and return.
If the drilling is successful, you will get a greater return on your money with NWE.
MIN still gives you exposure to North Perth gas but has more diversity with lithium and other business's.
MIN will give you a lower return on successful drilling of the NWE tenements.
However, MIN is a much safer investment in terms of lower risk.

The people on this forum have already made their mind up.
They are either holding, or as in my case buying more.
If the drilling is successful, it is hard to see how MIN will ever get to 90%.
They will need to do another takeover offer at a substantially higher price than they are currently offering.

The choice is yours.
No one here knows your financial situation, family situation, risk profile or a multitude of other factors.
If you are unsure, you need to get professional financial advice - not advice from an internet forum.

Just my opinions, not financial advice - DYOR

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Fair point.

Thanks for the input.

NWE Price at posting: 6.7¢ Sentiment: None Disclosure: Not Held
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