re: we have oil ... perhaps 8cps worth :) NEO have 20% of Statesman , who own 12.5% of North Yolumne-1 . Estimated recoverable = 100mmbo ... So 12.5mmbo x 20% x USD20 inground = USD66m , or approx 8c per NEO share.
Short-term could easiliy trade at 5c until reserves proven up , this is without any value being ascribed to SELH.
SALTY
NEO
nuenco nl
