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Newport Exploration Ltd V.NWX

Alternate Symbol(s):  NWXPF

Newport Exploration Ltd is a Canada-based natural resource company. The Company is engaged in the acquisition and exploration of resource properties. In addition, the Company holds a 2.5% gross overriding royalty interest (the Royalty) on any hydrocarbons produced on certain petroleum exploration and production licenses in Australia. These include licenses being operated and explored by Beach Energy Ltd. (Beach) and Santos Ltd. (Santos), both major Australian oil and gas producers. The Company’s mineral exploration project is the Chu Chua Copper Gold Deposit (Chu Chua), which is located approximately 30 kilometers north of Kamloops, British Columbia. The deposit is a Cyprus-type volcanogenic massive sulfide body hosted in two steeply dipping lenses of massive pyrite-chalcopyrite and magnetite up to 40 meters (m) thick, with a known strike length of 400 m and a known depth of 250 m.


TSXV:NWX - Post by User

Bullboard Posts
Post by RollinInDoughon Aug 22, 2019 1:25pm
46 Views
Post# 30055559

so???

so???ummmm actually, Beach operates this asset, not rozier ...roazier and dumfield ain't very nice... I know that... YOU even agreed with my previous post re them...
this is still a world calss asset... the Bauer Field is text book... fantastic reservoir... very cheap oil... dirt cheap  and still not in development stage and lots coming... lots of money coming in.... and... run by Beach Energy NOT NWX and rozier

if Rozier tries to rape shareowners here... I could see him being sued... again...

it is simple... collect a fat royalty check evey qtr... maybe $10 mill this year... growing to maybe $15 mill by our year end 2020... or... maybe rozier wants to cash out.... he has lots of shares... not enuf to ram thru anything if the shareholders stand up....  Rozier has a less than good history... he is a loser.... but he got lucky here... this is a real asset... in a 30 cent stock... a real asset... not some mining hole in the ground with a liar at the bottom... this is a real great asset... an asset run, not by him... by Beach... a well run company with rock solid balance sheet... no debt... cash flowing in...Beach is superb right now.... they run it... not Rozier... so maybe think about that...LOL


Bullboard Posts