NEN 0.00% 22.0¢ neon capital ltd

ann out, page-17

  1. 260 Posts.
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    Checkers - what it means is a very expensive non-commercial well. Yeah sure - the block has potential - but at what cost. BHP found 6M of oil from memory - this has 5! Nice try at the spin KC - but it didn't fool the market who know a dry hole when they see one....

    Anyway - despite what some "experts" on here said - this was always an exploration well and anyone who factored anything other than option value into the price - need their heads read!

    I am still keen on 105 - but there too - there are risks not yet 100% negated!

    Then there was one.....

    Good luck - we need it!

 
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Currently unlisted public company.

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