neo/opl pre open, page-11

Mr X. NEG are'nt really 'pulling out' , they will be very well rewarded if JH is commercial via royalties. They dont have to spend any more cash (remember they are a private Co and have limited funding avenues ) , its a good deal for both parties imo, NEG also have their hands full a little further North with the Ivanhoe JV.

I rate Steve Graves and think the change of operator is highly positive for both OPL and NEO.

Cheers,

SALTY