NEN 0.00% 22.0¢ neon capital ltd

Yeah, sorry to miss the great announcement. Just been reroofing...

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    Yeah, sorry to miss the great announcement. Just been reroofing an old farm shed that even a real estate agent would struggle to call rustic! Looks a bit more rustic now though!

    Yep that level of detail was very good in the announcement.

    Theres three things in particular I took from it:

    1/ The resource at 105 is likely to be bigger than NSA calculated based soley on the 2D data.

    2/ If indeed the reservoir zones are courser grained than at the nearby Dongfang gas fields we should get more gas per cubic metre by comparison and:

    3/ Coarser grained can mean better permeability as gas/oil can flow more freely through the structure. Its not a given, only drilling will tell but it certainly looks better all the time.

 
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