Disallowed, page-3

Hi sat66.

I think you will find that the change of NEO address to the same location as GGP has been noted.

That came about when Mark Freeman was appointed as Executive director of NEO about a monthe ago.

I noticed at the time of the buy in to Bullseye that GGP and NEO shared the same address and that Mark Freeman was also a Director of GGP. He had held a slightly more on hands position in GGP till he was appointed at NEO.

We may be all grateful for the cross-fertilization between NEO and GGP if Jumonville #1 proves to be as possibly successful as is suggested.

As for your comment : "NEO rights offer......Same old Snake oil ?" - well I would say it depends on how jaundiced your view is of past Rights issues is.

Somehow a company has to have money to keep going every year and while it is "common wisdom" to say that money raised was wasted on Directors fees and getting land leases - well it ain't all necessarily so!

I don't intend to debate that issue again here. Let's just say that the money raised this time is mainly going to be used to drill three wells. A commercial strike at any one of the wells will have a significant effect on NEO's share price and ongoing viability.

If these guys know each other and can work together and support an active campaign - then I am happy with that. I'll be watching their perfomance as I did with NEO under AK.