Bilo. Is stein still at the company ? Just that I know a couple months ago he was announced as a director for buccaneer (bcc). Or is he able two be involved in more then one company? I agree that they don't sell/advertise this stock very well. As it was at this price before the drill rigs even arrived? I'm relatively inexperienced, but knowing what we know now, it tells me that nen is undervalued now, or over valued back then.
Does anybody know how much the rigs cost after the free carry period? From memory the free carry was 40 days 20 mil. It's now been well over a hundred. I know we only have to pay 25 % , and there has been down time but. For them to be taking this long lets hope what they have found is worth it.
Otherwise I'd imagine that 17 or so million we had will be greatly reduced.
As I've said I'm relatively inexperienced, This is just what I see.
Cheers
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