NEN 0.00% 22.0¢ neon capital ltd

2 wells experience significant cost over-runs, page-13

  1. 20,511 Posts.
    lightbulb Created with Sketch. 2045
    this folks is the ann that in my view proves Timber did intact have a conversation with the company.

    lets get real here, they will have limited cash, and no money to drill next prospects. even if the farm down more i very much doubt they will get a promote rate.

    the CR has been flagged and i assure you medium term will fall into what we consider ST - less than 3 months

    the ann in my view simply proves this is a cashed strapped company ( to what extent nobody knows ) that will need a significant CR

    not what many want to here but i offer my thoughts for those that are serious about wealth creation and preservation
 
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Currently unlisted public company.

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