NWE 8.00% 2.3¢ norwest energy nl

NWE - placement, page-2

  1. 145 Posts.
    Could be under subscribed and more time needed to complete?

    Certainly if M-1 hits they won't have a problem although whilst M-1 is not quite a wildcat the odds at best would be somewhere between 5 and 10 to 1.

    M-1 could contain up to 250mmbbls which at NWE's 7.5% would be a sh*tload of oil and a value of many times their current market cap. Depends also of course how much is recoverable. Fingers crossed!
 
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