the perth basin is all go

The NWE Macquarie Presentation (check out NWE thread) was very positive. Expected commercialisation in the Perth Basin in 2014. The NWE share price jumped so much today that I had to jump out of NWE and reinvest those funds in AWE.

AWE has acreage, has cashflow and leverage to make the shale gas industry take off. If AWE is going to survive a takeover they had better start making the shale gas assets do some talking and get this share price rocking. Staying mum is going to see a takeover bid soon IMHO. Yes, we will see $2 but why not extarct the real value of the assets on the balance sheet.

It's time to kock some goals. The next Qly needs to present the road to commercial success.