NWE closed today at 4.5cents on turnover of over 14m
WA is 3 hours behind eastern states so news may be imminent
I hold at 3.4cents
SP building , maybe the 4c+ come weeks end . News must be coming ....?
WA govt seems to be slow . What they need is a corrupt dictator , things would get done much quicker . This is costing us profits , dont they understand that . I make a profit and Capital gains tax benefits all Oztralia .
Yes , been waiting for this announcement a while
Hopefully good news and lets hope it's not taking a while because of something bad
oh dear still no news.. you could be right. some drop in sp too.
Agreed, a little pull back is no surprise. Inside day today(higher low and lower high than previous day) a little break-out set-up in itself. Interesting, what's next...I think last week was overbought at the 4 + cents mark
Agreed, a little pull back is no surprise. Inside day today(higher low and lower high than previous day) a little break-out set-up in itself. Interesting, what's next...
Yes , been waiting for this announcement a while
Hopefully good news and lets hope it's not taking a while because of something bad
I strongly agree, I must say I have also been sitting on these and picked them up because of this announcement, They do surely take a lot of time which isn't doing NWE any favors in this regard , I have no idea how successful the emailing will be but i will do so none the lessHi Joe,
I've read the posting rules and I believe that I am entitled to post this it calls upon shareholders of NWE to call upon the WA minister for the Environment to make a decision.
In July 2011 NWE & PARTNERS made a gas discovery at Arrowsmith 2 in the Perth Basin WA. They decided that they needed to fracture stimulate the well. They obtained the approval of the EPA. Then in mid November 2011 an unknown 3rd party appealed the EPA decision to the WA Minister for the Environment. Usually such decisions are made in 6 weeks. On my calculations and allowing for the Christmas break it has been 12 weeks and no decision.
As a NWE shareholder I have an interest in the Minister making his decision in a timely manner.
I urge all fellow NWE shareholders to email the Minister and urge him to make his decision. His email address is Minister.Marmion@dpc.wa.gov.au
Thank you
This is excellent newsPositive announcement in after market closed Fri. WA Minister of Environment will uphold
EPA decision. NWE is given the green light.
This is excellent newsMonday will be an interesting day
Bordering on ministerial decision on fraccing. This was already given the all clear by the DMP and EPA but an appeal was lodged by a greens minister. Decision any day now and is more likely to be a positive outcome.
Sitting on a potentially massive gas resource, a resource that is known to exist by the govt, industry and the regulators alike.
Now on breakout alert IMO.
3 soldiers in place this morning...
Most likely up 2-=25% today.. should retrace down from 25%?
Anyway, hard to tell with a +ve ann.. grats to all holders
I'm going to hold these, If the drilling is successful who knows what the price could go toGreat day today, up 31.82% closing at 5.8c
Retrace remains to be seen, however with the next stages of this very close to happening I can't see too many not willing to wait. I also see more willing to buy in readiness.
Norwest Energy ****-a-hoop over Arrowsmith-2 fracking decision in WA
Monday, March 05, 2012
http://www.proactiveinvestors.com.a...rowsmith-2-fracking-decision-in-wa-25990.html
Worth watching NUX (Norwest Energy) on the Frankfurt Exchange today. It was up 48% at close after the ann on Friday.
http://webfarm.bloomberg.com/quote/NUX:GR/chart
Norwest Energy NL
NUX:GR
0.046 EUR0.015 +48.39%
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