NEN 0.00% 22.0¢ neon capital ltd

accum? , page-17

  1. 2,596 Posts.
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    Hi Neon shareholders, do I have some breaking news.

    Go and read this report.

    http://neonenergy.com/IRM/Company/ShowPage.aspx/PDFs/1441-94353603/QuarterlyReportandVietnamUpdate

    Then read this:

    http://www.elmhurst.edu/~richs/EC/102/Lectures/Sedimentary.pdf

    I had the pleasure today to speak to a geologist, who was able to give me an insight in different sedimentary rock formations and the importance from a geologist point of view on the type of sedimentary which can be more favorable in terms of giving you a higher rate of success.

    We are drilling into Clastic reservoir sedimentary rock formation and if my understanding is correct, we have a greater chance now of success given that we have had a "Gas Kick". The reason for this is CO2 is inert, so we already know that we have a gas accumulation for which the million dollar question now is the composition of this gas.

    The odds have gone up considerably to about 50/50.

    So for all those that fear success, maybe this stock is not for you? For the rest of us, success after many years of hard work may not be far away!

    Good Luck.
 
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