Next week could be a nice one DOW Friday no big deal The ASX shows futures down under 20 points We faced 80 point plus dive on the ASX Friday just gorn Fingers crossed From NEN Dec Ann in part
Corporate On a cash basis, exploration capital expenditure during the quarter of $6.7 million was incurred. Development capital expenditure of $110,000 was incurred at North San Ardo under the facility upgrade program, which is now complete. The Company’s cash position at 31 December 2013 is $9.7 million. The Cua Lo-1 and Ca Ngu-1 exploration wells experienced significant operarational delays, for a variety of reasons including weather downtime. This is expected to result in cost over-runs however the extent of those over-runs is not known at this time.******* Neon is pursuing a number of options to meet any remaining financial obligation. There are no plans at this time to conduct a capital raising.******** A quarterly cashflow summary is provided in the following table
you need ter research their full ann
must go teas up Haggis on toast
Cheers pl
NEN Price at posting:
2.3¢ Sentiment: LT Buy Disclosure: Not Held
