stating the bleeding obvious....., page-16

re: stating the bleeding obvious/salty Hi Captain,
Your unwillingness to throw your "pearls" before us "pigs" is a shame and a loss for this thread.

In using the average recoverable oil rate for the LH area of 10%, the JV could win some 5 mb to sell.
NEOs share per barrel of say $7 per barrel inground = $35mill. If its existence is proven then for myself, a higher value would apply.
As long as the 50mb in ground figure isn't "overstated",
NEO represents value at these levels based on this oil alone. Even more so if there is no oppie conversion.

Do you care to add anything to this to help us out?

In saying that some folk should call MD's, are you implying that the current information "out there" is not informative enough. If this is so, would it be to much to ask for an informative announcement so that we need not call the MD?

Heres hoping for a strong year for the struggling NEO.

Nikki.