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0.00% 5.6¢ norwest energy nl

Xanadu too big for NWE?

  1. bobbym
    7,455 Posts.
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    08/11/17
    15:06
    Post #: 28609059
    Hate to say it but maybe Xanadu-1 is too big for NWE given their current situ> is it worth NWE selling down their share to TEG who has more rigour to get things done. Seems like the prospect has outgrown - surpassed what NWE can offer. At the end of the day they don't have the cash going forward , they need a re-con and it appears NWE is the weak tail out of all the JV partners including Tamarind, wagging a stronger dog. Time to call it I think. Correct me I'm wrong.
    NWE Price at posting: 0.5¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 2  Upvote
    lightbulb Created with Sketch.  Great analysis
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