comments regarding substantial holders, page-7

Hi billybongo.

Have you followed this company for some time ?
I note you indicate that you do not hold any stoch in this company. Have you ever ?

Sure we could all wish that NEO had a better history of progress and success.

Initially it seemed to be oozing success with 100 % success in its wells at SELH. Everything seemed rosy. But then there was either bad decisions about rigs and their availability, or whether Orchard was really focussed on SELH or not .... and things lost momentum and the SELH wells turned out to be a problem rather than straight forward. That's the nature of the business when they were still in nappies.

So things have been broadened in scope and possible other areas of potential. Most exploration companies spend a lot of money exploring and testing till they may be lucky enough to get a payback. That's why the are always identified as a SPECULATIVE investment surely.

Sure, I could have hoped that NEO would have focussed on getting SELH producing a commercial flow and getting income but perhaps the way things have gone that may still take a lot of money and time to achieve. Whereas now there are a whole lot of other possibilities that can happen.

NEO just needs one good one to suddenly be everyone's darling