I take it that ENI is so big and experienced that the drilling of a couple of wells doesn't register a blip despite the prospect of great potential. It is frustrating not to get a glimpse of any information but at the same time comforting that ENI aren't in the nonsense game. It is clear they don't fluff about selling dreams.
We are in good hands with ENI, let's hope that the next 6 months prove beneficial to all.
On the share resolutions it is a difficult issue to assess. The other side of the coin is the granting of shares/options having received good news. I favour the granting of options exercisable at say 35c vesting in say 2 years. Frankly, if they aren't in the money we are all in strife!
NEN Price at posting:
25.0¢ Sentiment: LT Buy Disclosure: Held
