Thanks for the response Mark.
As an investor I get annoyed at announcements like that because it makes me think that management assumes the average intelligence of its investors is low.
I guess we all cant be too bright as the share price has taken a hiding for years now and for some strange reason we still believe.
Any idea why even before the market down turn there was such downward pressure on NEO's share price?
How do you plan to promote Quest? Maybe a few events/presentations is in order over the next few months? Any ideas which ones? Any in Melbourne I would like to know about.
I think its a great idea changing the name. Most potential new investors wont go back and read all NEO's old announcements. Its fascinating reading though. Promises, maybe some progress then nothing about it again.
Could you expand on Kreygnhagen. Has a steam injection trial plant been built? Was there ever any progress after the initial wells were drilled? What chance do you think there is that any progress will be made on it in 2009?
Can you expand on what you mean when you say that the partners are repositioning? Are they getting out? Have they got no money for drilling? What exactly does repositioning mean?
Cheers
Stuart
NEO
nuenco nl
