sgy, page-7

Im glad you brought that topic up VJC.

The AGM is in two days time. A perfect opportunity to leave the nice guy at home and bring out the beast! Ha Ha. Nice guys always come last.

How does a company go from over 50 cents in Jan to below 25 cents in 10 months with so much expectation on drill results?

I am of the opinion, that the market has run out of patience with Neon. Delays with packer problems, drill testing a shale zones in PD 1 and taking over 7 months. No testing yet of the high potential zones in PD 1 of Western Flank, Middle Stevens and the Paloma Sands.
( How much time do you bloody need?)
These three zones are not Shale zones but potential Hydrocarbon pay zones. Potential oil just waiting to flow to surface, but dont worry! Management has BRR all covered.

Heres the problem,the way i see it. There is not one investor or trader on the neon share registry that can claim profitability in Neon's current share price. Everyone, including myself is holding losses. Even if you tell me, "Hey dude, i bought my shares at 15 cents" My retort would be "You are a fool". You have watched your value decrease from a massive profit when the share price was over 60 cents to now be 0.24 cents? Your watching your hard earned effort over the last 2 1/2 years un ravelled to back to evens. In other words your losing created wealth. Everyone is losing, end of story.

Management need to put away the rhetoric and start making the hard yards, getting results,see what other companies are doing that is working to bring success. Such as:-

1. Stop wasting time.
2. Strategized and implement a better testing program where you dont waste 7 months on one zone!
3. Better plan to stop wasting investors capital. Better accounting practice in reducing overhead expenses.
4. If you cannot deliver on time, them stop telling market you can, because patience is wearing thin.

DYOR

P.S. From the 1974 movie "The Network" "IM AS MAD AS HELL, AND IM NOT GOING TO TAKE THIS ANYMORE"

We could do with Howard Beale in our corner. lol