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Should Know Better

698 Posts.

102

29/03/23

08:49

Post #: 67012060
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Originally posted by Braddy_851: ↑

My little note to the company this morning. Will get no where but if it annoys them a bit reading it I'll take that as a win

Good Morning,I've got a query regarding disclosure to the market and I'm hoping you're able to assist. During the drilling of Lockyer Deep-1 there were 12 key price sensitive announcements (excluding trading halts, mobilisation and rig release). These 12 announcements regularly informed (approximately at week intervals) of the drill progress, as well as interim findings along the drill.
Given this current drill program is an appraisal drill and therefore of huge significance to NWE holders (as an oil and gas exploration company), I'm perplexed as to why we aren't seeing the same level of news and reports. This drill is significant to the ongoing performance of NWE and has significant impact on shareholders.
I think its bordering on criminal, and certainly not within shareholders interests to imply that no material information has come to light in the current program, as successful clearing and progress through stages and layers of the drill (as per Lockyer Deep-1) are material, just as they were considered so for Lockyer Deep-1. P
Please review who is determining the best interests for shareholders and actually start providing the same level of care and diligence that was shown to be the NWE during the Lockyer Deep-1 program.

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I look at it this way:
Bad news would be conveyed in a flash with a MIN underwritten rights issue hot on its heels.
No news is good news.

NWE Price at posting: 6.2¢ Sentiment: Hold Disclosure: Held
18 Upvote

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Upside - Hell Yeah, page-43

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