NEN 0.00% 22.0¢ neon capital ltd

are neon's leases in vietnam secure, page-7

  1. 290 Posts.
    'annanaum'
    re your comment "I understand they put this to bed a long time ago."

    Ive searched past announcements and couldn't find anything,and left it too late to ring the co today.Can you provide info to substantiate that comment?

    Maybe the action in the South China Sea in the last few days has got investors spooked::::hence the pullback today!

    http://www.atimes.com/atimes/China_Business/JG23Cb01.html

    http://www.ft.com/intl/cms/s/0/4d3badc0-8867-11e0-a1c3-00144feabdc0.html#axzz1Nt4bZPXV

    http://www.bloomberg.com/news/2011-05-26/s-china-sea-oil-rush-risks-clashes-as-u-s-emboldens-vietnam.html

    Nevertheless,block 105 &120 are in the right place(basins)
    where previous discoveries have been made::
    http://www.ccop.or.th/ppm/document/CHWS4/CHWS4DOC11_PETROVIETNAM.pdf

    Held these since 2008,would need more reassurance before I buy anymore.
    Good luck to all, this could be a monster.
 
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