NEN 0.00% 22.0¢ neon capital ltd

Wrt to their revenue, it doesn't cover operational and corporate...

  1. 9,095 Posts.
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    Wrt to their revenue, it doesn't cover operational and corporate overheads going by the last two quarter reports.

    So even without drilling costs, they're going backwards each qtr with the cash balance.

    Makes valuing the producing asset interesting, when it runs at a loss.
 
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Currently unlisted public company.

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