So Potts are we to assume (given lack of information) that NWE is working 'tirelessly' (on management salaries I don't think anything gets done tirelessly) to gain approvals for a horizontal frac (and all other relevant approvals)? From the timeline there is not really much else we can assume right? They certainly are not drilling, or mobilising relevant equiptment to the site, they're not liasing with takeover companies, true? So all that is left to assume is that they are doing paperwork and following up with the legalities of the operation...?
Would be handy to know how long something like this goes on for. Or ANY relevant paperwork that has been submitted for approval. Give us something management...
NWE Price at posting:
1.1¢ Sentiment: Hold Disclosure: Held