NEN 0.00% 22.0¢ neon capital ltd

Ann: Paloma Deep Testing Update , page-15

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  1. 2,408 Posts.
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    Stapleman, I'm with you in your thinking.

    If I'm on the money that the combined reserves for both conventional and shale reservoirs are in the 24-70MB range then its very big for Neon. Perhaps over $1.50 for Neons 75%.

    Right now the market is holding back as results are only partial. Theres more testing to come with the Upper Antelope, West Flank, Mid Stevens, Paloma Sands and the Tulare sand. Given markets tend to anticipate value I would expect the sp to rise as experts talk and articles and reports appear.

 
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