And the story slowly continues
Received the seismic results during March but the SP didn’t budge
If can get approval for CC&S (application was lodged November 22) then TEG is off or at least so I believe
I’m backing TEG in the March comp simply because that announcement is coming?
Another load of crude sold so revenue also coming
And who knows maybe even …..
MIN [holds 19.7% of WGO] has stated that it will not be making a T/O bid for WGO.
It wouldn't surprise me if MIN offloaded WGO shares to Gina and in exchange Gina offloaded her NWE shares to MIN
Both would then be closer to achieving control of WGO & NWE respectively
Just pure speculation by me...
I have tipped TEG in the January 2023 competition. The SP has crept up a little since the farm out to TPD in Dec 22
I expect more positive announcements in Jan as TEG steps on the gas and continues to sell oil
Only need 10% of NWE holders to reject this offer and CE will lose and be crying again
Seems he didn't learn anything from his failed attempt at getting AWE
HOLD on to your NWE
OMG This is such an opportunistic and low ball offer that it is insulting. By the end of the first day the MIN RES SP had gone down and the implied offer price was less that the measly 6 cents offered. Note to CE remember AWE you wanna miss out again? Maybe better offer cash and much more I...
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