The half year report has some useful updates. Neon is committing...

The half year report has some useful updates. Neon is committing to another Paloma Deep well to target the fruitvale and Lower Stevens sands in an uncompromised well bore.

The current well is ongoing testing the upper 6 zones.

Its not clear whether they are still testing the lower zones as theres not a lot of detail.

Given they are calling the unassisted flow rates potentially commercial they must think they have something there worthwhile to commit another $5M(my assumption based on first well) to drilling a second well. Sounds good to me but we need a specific Paloma update