Bilo. It sounds like commercializing this project is not a simple task and may have to be left to the majors. If this proves to be a commercial discovery in the next couple of weeks, wont the market value of NEN still be much more than 150 million odd. Seems to me that it has a very good chance of doubling from current level if it flows well. It is different to a few months back in that they have now confirmed a discovery. BTW. Having been heavily invested in Ria last year i can only feel sorry for you. I still havent recovered financially. How can NEN be compared to RIA apart from both being offshore?
NEN Price at posting:
33.5¢ Sentiment: Buy Disclosure: Held