NEN
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0.00% 22.0¢ neon capital ltd

uncovering undervalued oil and gas stocks-nen, page-6

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    2,408 Posts.
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    15/09/13
    18:12
    Post #: 12330359
    Phillip, I hav'nt seen the report but how they come up with that figure when the pre drill target based on 2d is 3.9TCF beggars belief.Add in the 3D upside and you really wonder about the valuation.

    One thing I have learnt is that broker valuations can vary hugely which suggests they should'nt be taken to literally. Canaccord were at 78c in May....go figure.
    NEN Price at posting: 26.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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