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5.6¢ norwest energy nl

Still Holding! - Whats next, page-29

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soltrader

152 Posts.

43

13/04/23

12:41

Post #: 67255244
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Originally posted by Feral54: ↑

LD2 was always more about MIN getting the resource for their FID. It was small bikkies for NWE. NED is big and has a high chance of success. I think the Kingia is about 90% positive in the PB. Strategically nothing has changed for me unless MIN gets to 90%. This rig is good, 2.4kms in about 22days. I will stick around for 22 days, probably.If MIN gets to 90% then they will have to offer me “fair value” which won’t be less than now unless NED is a duster also. That’s explor@tion risk. The big bad wolf doesn’t frighten Ferals.

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That is my opinion as well@Feral54. I prefer to wait for NED1 drill, then I decided what to do afterwards.
But if it comes to compulsory acquisition, I prefer ca$h to MIN shares.

If I decide to get into MIN, I'd prefer to time my own entry.

NWE Price at posting: 6.0¢ Sentiment: Hold Disclosure: Held
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