lining up for another charge at 5c.., page-3

do your homework Looks like the trajectory of this stock is well and truly in place. NEO is trading within a very well defined channel.

As regards the NEO/OPL price action in the past few days. I think we have seen a bit of portfolio rebalancing. Both stocks are severely undervalued (in my opinion), but NEO was and is mores undervalued The market is slowly adjusting to this fact. However OPL needs an announcement more than NEO. They've just raised $10mn, have 5 projects on the go, and we haven't heard a peep for weeks.

It's obvious to all that that there is strong investor appetitite for NEO in recent weeks. What's prevented a faster price appreciation is the monotonous selling by sellers who have not taken the time to research this investment opportunity thoroughly. However as stock is accumulated by high conviction shareholders who are prepared to hold until a sensible price target is met, the free float of shares will eventually dry up causing a shift in demand and supply dynamics.

I've prepared a valuation on NEO/NEOO and according to my estimates a 100mmbbl oil find and a 20Bcf gas find is worth in the region of 60c for NEO and 55c for NEOO on a fully diluted basis. This does not include anything for San Emidio and other potential future business. Therefore still a lot of running room left so doen't sell too early!