devil's advocate

G'day fellow NEN followers. Happy new year to you all (although it could have been happier without the recent announcement) anyway..

i'm trying to work out what the potential scenarios are from here. i.e. what happens to the company and to it's SP if certain scenarios were to pan out from here. i'd really appreciate the opinions of fellow posters on this topic

So here goes:

What would happen if 105 announcement is a negative one i.e. too much co2, or another delay of some sort etc. - I'd say the price would tumble further, but to where? and would NEN then be forced to undertake a CR at this low price to build up some cash (without knowing revenue from NSA)? how would this play out?

or

if 105 is a success, the gas flows and they confirm a the size of the discovery is significant etc. - to what level would the price head north? and then at what point would NEN announce a CR if at all?

one more question - if 105 is a success, how long until this results in $$$$$ in the bank for NEN? a deal would need to be done to sell the gas, they'd have to deliver it etc...

I know there's a lot of crystal ball stuff with all of my questions, and i know none of us have a crystal ball, but i'd really appreciate the views of the great posters on this forum. It would help me (as quite an inexperienced investor) gain a bit more of an understanding of what to possibly expect over the short/medium term.

Thanks in advance for all responses.

Hoops.