Hi Money123,Nen as you say has already paid drilling expenses as...

Hi Money123,

Nen as you say has already paid drilling expenses as they fell due, and only have residual left to pay.

I note NO top 20 holders have notified the market of any significant change in holding, excepting 1 director thought to be on the receiving end of a marjin call.

Nen is currently priced to fail. I'm beginning to think KC may surprise to the upside.

Am I missing something?

4c is looking very tempting for an average down. Any more weakness & I'm all over it.

Chart is starting to look like a psar 'flip' (reversal) is not out of the question.

As you say " Based on valuation alone it will be a telling sign when support does come in."