just had a flick through the presentation, looks good.
it is worth looking deeper into the 10% stake of Buru. as the preso says, free exposure to 4-6 wells being drilled by Buru next year.
10% of six canning basin wells could easily add another $40-50mill to the market cap of NSE.
and unlike the many companies that you hear about with untold blue sky potential (but little means of achieving it) NSE is gifted with proven operators and JV partners in place and ample funding to boot.
i believe we can expect to see some more serious promotion of the stock over the coming months, so the journey is really just beginning.
NSE Price at posting:
11.0¢ Sentiment: Buy Disclosure: Held
