NEO nuenco nl

jh results??, page-8

  1. ds
    7,131 Posts.
    re: jh results??///capie pretty sure if you read the AGM presentation - not hard to do - they have said is isn't spudding till Jan. This is the primary reason it sold off IMHO - never miss a promise - you will be punished - far smarter to never make a promise in the first place!

    On the pright side it is my understanding that the reason the put JH2 spudding off is because of the success of JH1 - the initial find is so good that allocating the resources to testing and developing this this makes far more commercial sense. There was also the possibility of running drilling over Chrismas if the spudded around now and that was going to be seriously expansive - more ecconomical to start the JH1 teesting and Spud JH2 in the new year.

    None of this is from the horses mouth so to speak but I'd watch salty's posts carefully - he warned us JH2 wouldn't spud till Jan before the AGM - nice heads up.

    Regarding the flow rate stuff and gas stuff - I too am hearing fairly surprising stuff but I can't veryify any of it so just treating it as rumor & speculation till we get the real news. Lots of people exaggerate stuff in their enthusiasm.
 
watchlist Created with Sketch. Add NEO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.