best value stock on the asx, page-6

What I cant understand is the likes of VIL and BCC getting talked up something chronic, I hold VIL, despite the fact that this has as much upside as either of those two.

The Colorado project itself has the potential to net NSE $1.67 per share, the cash is their, NSE also has a 10% interest in Buru Energy which holds upward of 25 permits in the Canning Basin.

Basically NSE's holding in Buru is a 10% access to potential revenue, whilst also holding 3 of its own permits in the area.

So what we have here is a company with a strong cash backing, exposure to high risk high reward plays in the Canning Basin in Northern W.A, tell me there's not gas there!

Combined with this play is the low risk drilling schedule in Colorado, teamed with AGK, an experienced company and you have a microcap with a nice blend of project exposure, good management and everything ahead of them.

Topping up at every chance, yes everyone says that but I implore those who have done their own research to take a look at this one.

Seriously, seriously undervalued for reasons unknown.