NEN 0.00% 22.0¢ neon capital ltd

its on team, page-79

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    Caif if you look back at the Hardman story they started off in a similar junior fashion only to be taken out by a mid tier oiler on a growth phase. Perhaps this is where any suitor may come from.

    As regards the developing of these potential assets KC was quite clear when they opened the data room for the farm down procedure that they were looking for a JV partner with major financial ability and expertise in bringing a major discovery through development and into production. This was acknowledging Neon was not big enough to have that wealth of experience or financial ability at that time.

    It could in the future, just look at BHP rags to riches journey but probability says Neon (or any successful junior oiler) is more likely to be subject to merger or T/o at some stage in its life rather than grow to an oiler of huge size.
 
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