NEN 0.00% 22.0¢ neon capital ltd

Recently I saw a some stuff from the Salanis presentation 2009....

  1. 971 Posts.
    Recently I saw a some stuff from the Salanis presentation 2009. I have it saved if any one wants it.
    What is of real interest is they show the areas of where some of their data is from and surprise, surprise Vietnam is well represented as is Indonesia.

    This is a small extratct from the presentation:
    A unique Australasia and Far East geoscience database
    – 4,000 reports and maps
    – 22,000 square km of 3Dseismic
    – 2 million line km 2D seismic
    • Provides information access previously available only to large multi national IOCs and NOCs
    • Value proven during the acquisition of Block 120 Vietnam

    Call me old fashioned but these guys with Alan Stein as a Non-Executive Chairman and the data as noted above, really does put NEN in a position where they are punching way above their weight for a junior. Clearly, the blocks they have in Vietnam and Indonesia gave NEN a huge advantage with the data and subsequent purchases.
 
watchlist Created with Sketch. Add NEN (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.