NEN 0.00% 22.0¢ neon capital ltd

announcement is coming!, page-77

  1. 306 Posts.
    lightbulb Created with Sketch. 10
    Yes its Bcf

    or 2.6 Tcf (1000 x 1 bil ) which at 0.88c per share per Tcf would be (in a perfect world) $2.28 per share for Cua-Lo alone plus Block 120, California and Indo

    Then you would have to deduct the looming threat that the Vietnam Gov will exercise its option and take a 20% stake
    which in my thinking would be a plus for nen as it would inject a chunk of capital whilst only diluting Cua-Lo
    as opposed to a CR which dilutes SH equity in the whole company.

    Anyway interesting times lay ahead
 
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