Bindi - I know what you mean - I posted in the other thread some thoughts on the matter.
I realize management are what they are - and if NWE was simply them and not the dirt they own the rights to - I don't think I'd have a cent invested with them.
I hold for the upcoming layers in the frac.
I think the problem right now - and regardless of any positive thoughts on the K layer here on the forum - the market doesn't see it - and that's the problem.
The real issue holding back the SP is the market trying to anticipate the action once the K layer is finalized - have we already swallowed that bitter pill in December, and that once this K layer is off the radar, hope/optimism will return - OR - will the SP fall lower on what most likely will be quite an underwhelming announcement?
That's the problem right now.
I HOPE by setting the bar exceptionally low with that lovely December 50% off sale - err - sorry - "announcement" - that they can come in with an ann that puts more positive spin and sets the SP and the company on a more positive trajectory whilst going in for the REAL game changer here.
Till we've had our "medicine" - I don't think we're going to see much action on the SP.
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