IMO This is a great (in content & timely) announcement.
Out of all the companies on the ASX I have been involved in NEN looks like one of the better managed including PR. After initially buying on a gamble short term trade based on the 2 drills I feel I have stumbled across a company to put on my invest list for super.
Following the 2 recent outcomes from drilling & a 75% drop in the SP, this announcement makes me happy to still be holding & even teased me into buying more as soon as I had finished reading it (recovering some of my loss on paper).
NEN Price at posting:
6.3¢ Sentiment: Buy Disclosure: Held