NEN 0.00% 22.0¢ neon capital ltd

communication from the operator

  1. 94 Posts.
    We're all looking forward to the drills and expectant of a steady stream of news flow to keep ourselves informed and to keep the market excited about this opportunity.

    what we've seen so far regarding 105 and 120 is two separate pieces of information regarding the two rigs hired. the information was first released by the rig companies and then subsequently NEN has issued an announcement. There appears to be no news on this from ENI itself(?).

    My concern leading up to the drills is what is the manner of the relationship between NEN and ENI with regard to communicating latest drill information and allowing that to flow to NEN shareholders and the ASX.

    We have seen that our neighbours Exxon have been very quiet about their discoveries - will ENI wnat to follow the same covert path? what have NEN in their contract with ENI which will allow us shareholders to be kept updated......

    any thoughts?

    a question at the AGM
 
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