uncovering undervalued oil and gas stocks-nen, page-25

Chillam, options regarding further development given success are likely already thought out. Much will depend on the nature of any success.

One thing is sure there will be plenty of options for Neon, including but not limited to:

1/ Debt financing

2/ Cash raising

3/ Combo of 1 and 2

4/ Sale of discovery to fund further exploration or development of a second hydrocarbon discovery.

5/ Partial farm down of discovered asset to gain free carry on development.

If indeed the y go for a CR then it will be at a sp multiples of where we are now reducing substantially any dilution effect.