Heres hoping European concerns ease once the Greek elections are done with. With the US/UK and EU all announcing fiscal packages to cope with next weeks outcomes the markets seemed to breathe a sigh of relief last night.
Tonight will be more telling but its good to see there is contingent relief planned.
Its hard for any stock to make headway against that international background but given the leverage Neon has to its projects theres potentially plenty of upside even in a tough market.
Timing is our nemisis right now as we try to get to grips with when we will get definitive reports on the Vietnam farm in partner and whether Paloma is commercial and what reserves we might be looking at.
All of these are close in theory but for now its a game of patience.
NEN Price at posting:
30.0¢ Sentiment: LT Buy Disclosure: Held