NWE 0.00% 5.6¢ norwest energy nl

re halt , page-139

  1. 4,559 Posts.
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    hey pottermore,
    I was reading what you and others were saying the other day about break even flow test of High cliff...
    so I went back to the growing annuity formula where the answer lies...
    And I had a play around with some numbers...
    then I realised, that it all didn't make much sense...
    Because the commercial nature of the High Cliff, is partially reliant on the outcomes from the other shale zones as this zone is not a stand alone project...

    so,
    I think I will just leave it at that for the moment...
    The High cliff will prove to be commercial IMO, and its all been very good news so far...the reason why I say its commercial is because we are dealing with big resources here so we could only be constrained by the flow test...
    Just got to wait for the company to release it...

    this is moving nicely, and slowly... I guess as anticipated... this program is the full 8 weeks, and if we saw 15cent on the HighC, there wouldnt be heaps of room on the rest of the shales, so one step at a time, and we are still on track to hit 20-25cents this year...

    ive had a lot of one and two baggers... but i've never had a 10 bagger... so this time i'm going to make it count...

    rest easy...


    .^sc
 
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