kmuirhead, I'm saying that (in my estimation) NEO is only ever going to be on the small end of production. I will not be surprised to see NEO as a producer. But my reading of ALL that has been said and announced by NEO does not give me any confidence of NEO being in any way a big producer.
Take some time out and think about the odds of finding a really big gas resource where they are drilling. How many small outfits find the really big one? 1 in a 100? I don't actually know the specific stats for that but I know the probability is very small. Could it happen? of course it could, but you don't live your life EXPECTING to win the lottery do you?.....
I think as a number of others (the more sensible ones) have previously posted - that NEO's reserves will most probably pan out to a fully diluted sp of around 7-8c. And I'm trusting that they have spoken truthfully about finds so far.
For those who got in early, 2c - 8c(say), isn't bad is it?
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