nen is the next mad, page-53

  1. 2,408 Posts.
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    Damo you're on the right track.

    KC said the choice of a major was to get the expertise for large engineering projects needed at 105/120. Assuming the discovery is made at 105 and is independently confirmed with respect to reserves Neon would then be able to finance its future involvement in this project. Alternatively it may sell down a proportion of its 25%.

    Either way if we get to that point Neon is going to be a rather large company in its own right.
 
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