NWM 6.90% 2.7¢ norwest minerals limited

Agree totally. With hindsight the 16 holes in the mt webb where...

  1. 182 Posts.
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    Agree totally. With hindsight the 16 holes in the mt webb where a flop. Im as surprised as you are with the SP retreat. Done some research regarding clay based REE and it seems they are why easier to mine than hard rock. Hence the 4 holes drilled and old holes confirmed good resources of REE. Again why the SP retreat. You think just on bali and arunta west clay you would have a positive lift rather than significant drop. If we had moved up just on the mt webb prospect and the nil result then i would expect the significant fall. But there was no really run up in SP. MC of $15m reflected bali and arunta west not mt webb. So the positive arunta west drilling from 4 holes was good. So price should have at worst stayed up. We will need to wait to realise potential. As said before the market is fickle but is always right.
 
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2.7¢
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Mkt cap ! $10.47M
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2.8¢ 2.8¢ 2.7¢ $4.757K 170.4K

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4 338293 2.7¢
 

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3.0¢ 169484 1
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