Given the ground NMS has made over the past 15 months, I am content with last night's quarterly announcement and the fact that we can now reasonably expect consistent income streams and profitabilty over the foreseeable future.
I still believe we shall see a "2" in front of Neppy's price by the end of 2008.
However, I will be very pleased when all of the noise created by these seemingly never ending piddling little trades (ie. less than an average of 4,000 units, today) is at an end, the dust created by the token gesture of the SPP has settled and there is some certainty about the North Sea operations (involving the "locked and loaded" arrangements with BP).
As I have said before, I'm in for the long haul and relish current opportunities to accumulate more of our little darling at these bargain basement prices.
NMS Price at posting:
0.0¢ Sentiment: Buy Disclosure: Held
