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Bullboard - Stock Discussion Forum Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd. is a Canada-based company, which has royalty interests in producing oil and gas permits in the Cooper Basin, Australia, and a mining project in British Columbia, Canada. The Company holds a 2.5% gross overriding royalty (GOR) on several permits in Australia. These include permits being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both... see more

TSXV:NWX - Post Discussion

Newport Exploration Ltd > Dead money - move to tag
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Post by schocor on Sep 26, 2019 3:36pm

Dead money - move to tag

So if you hold nwx, you just git your dividend. This stock will be dead money for a  year until they pay the next dividend. Consider looking at tag oil, similar operation (royalty) and more cash than current share price nit that their operations have been sold.
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