I think they are holding back optional announcements such as whether the pipeing has been installed and whether we are currently flowing back, until they see how good the takeup rate of the SPP is. For 2 reasons:
1) If we get into the week before final acceptances and its not fully subscribed, then they can release this which should full it up.
2) If they release this now and there is a little spike in the share price, they run the risk of holders selling into it and then just buying their SPP and so the positive news wont have much effect on the share price.
Best case scenario is we start getting great flow results announced very close to the date when new shares are issued (september 2nd i think)so that there is no dumping for a quick profit and NWE can finally takeoff without the CR monkey on our backs.
Am really excited about the months ahead especially after seeing the flame from Carynginia in July, and have now revised my total flow rate target to 4 mmcf
NWE Price at posting:
3.1¢ Sentiment: LT Buy Disclosure: Held