Well stuverine I put market reaction to one side at the moment. I am not surprised by the lack of euphoria at this stage. People are so used to being unimpressed or unsure of the pros and cons of announcements from NEO/QPN for some time now. I guess it may have been treated negatively at first today because some may have regarded it as a sellout by QPN.
No QPN needs to have a "good" announcement. Preferably followed by an even "better" announcement to indicate that things are moving upwards rather just wallowing about.
While Bullseye has been useful. There have also been enough negatives about costs, time, production problems and fall offs from initial rates, to take the gloss off the positive things about the wells.
Let's hope some good and better results are waiting in the wings.
QPN Price at posting:
0.7¢ Sentiment: Hold Disclosure: Held
