Good for you...see ya later. It's called exploration and it's a risk scenario...always has been. Management are vilified at present because the Gods of Fortune failed to shine on them but they have been deified in the past due to their previous track record (Ophir...ever heard of them?) Whatever the pond life may say, these 2 wells were mapped as never before and the results have shocked management as much as those who had researched and done their due diligence (unlike the latest knowledgeable additions to the NEN thread) Just the name of the high risk game called O&G Exploration. Now in a downward spiral as experts suggest their cash backing is X when no-one truly knows what the final wash-up may be. The thread is now officially a farce.
NEN Price at posting:
5.6¢ Sentiment: Buy Disclosure: Held