I am a little surprised more has'nt been made of Timber 7 comments on implied success in yesterdays ASX price query answers.
I quote Timber:
"However what NEN inadvertently did do yesterday was confirm the well to be a success. If pressure changes were not observable as they drilled through the upper objective (past that late last week) then they would have had to report that after ASX requisition"
I know Neon don't want to say much until testing is complete but as Timber suggests this appears a very positive indicator going forward.
NEN Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held