why quit now?, page-2

good post cch

Lets put some things in perspective.

Have a look at some companies out there pre drill, they have got market cap's of 100m plus and most only retain 15 to 25 percent. NWE has 100% ownership of TP15, one thinks they can retain 30 to 40percent.Peter has always stated that they want full controL and is is one motherload of a target!

Shale gas

Peter has said numerous times its all about acerage and stated many times that in the US they are paying upto $15,000 for a acre, NWE has got plenty of acreage 120,00 acres! not bad at all. Peter has said many times that NWE are going to drill one well this 4th qaurter. In the last brr he did day he was looking at shale gas in the US 5 years ago and now with the technology and michael Fry on board you just neva know!
Have a look at what the chinese and indians are paying for it in the US.. billions! China have just over taken the US in there consumption for energy.. they are hungry for it.

UK permits

Right next door to BP not bad land to have. Bp are selling billions to cover the costs of what happend in the gulf.
One would think that NWE'S assest wouldn't be that bad at all to aquire, someting cheap to them that would be HUGE for NWE. There is a bonus its located in the UK BP can't fail if they did it would have the same affect as if RIO and BHP were to go down here in OZ.

They obiously need the money to do all this lets hope it is through a sweet JV that wil benifit all shareholders as the company has promised lets see if they can deliver.

Not long to go now, lets hope this quarterly is what us patient holders have all been waiting for!!

Last thing they ne