NWE 0.00% 5.6¢ norwest energy nl

The difference here is that the share price has risen in the...

  1. 1,317 Posts.
    The difference here is that the share price has risen in the absence of any media release to explain it although there may have been a broker recommendation out yesterday, I don't know.

    If we get some positive news out of the company about the US operations or India then the interest will be maintained and we could see a tilt at 20 cents ahead of the drilling of Magnolia.

    Norwest is now in uncharted territory have pushed through the previous Cliff Head drilling high of 14 cents. And it is now a very different company with a much better spread of interests and asssets and new management.

    The company has good support including from people within the industry media (like Haydn Black) so that 's a good indication of the liklihood of sentiment remaining positive provided Joe delivers, particularly inthe US.

    Could be a very interesting day.
 
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