60m barrels & 50billlion cubic feet potential, page-22

Jem, 'I could count on one hand' infers that selling into buyers may have happened just a few times, over the past two months. So yeah, I agree with your statement, it's been quite obvious that's the case.

It's been a frustrating stock to accumulate as it just kept creeping up and creeping up.

There are a few concerns of mine. One being we are targetting the 50m reserve, our biggest, first up. So we would see a PCL like nose dive if it dissapoints in a major way. Whereas if we targeted the smaller and they failed, investors would maintain the path as 'the main course' hasn't arrived yet, allowing you to make an informed exit if you choose.

The other is the risk we face with drilling out 'the junk' in malalos. We've failed once before so there is definitely a level of risk involved with the deeper targets in that well.

Buyer beware that's all I'm saying.

Positives, 100% stake, proven management, demand for product in local market, possible major upgrades to reserves, plus ownership of drill rigs.

I hold NWE, and have watched many arrive late to the party, they'd be currently sitting on some sizable losses right now, whereas long termers are cruising on 250% gains. Which carriage are you boarding on the GGX train?