Hey team, Fat Prophets have re confirmed their buy rec today citing Vietnam Gas results, Vietnam Oil potential and improving production and decreasing lifting costs expectations in the US. Derisking occurring and expecting production testing results pre Christmas with some luck. Regardless opinion is very positive and expectation is that share price could be materially higher in their future. Note Fat Prophets dont do price targets. Rec is a buy for members with no exposure. Cheers Damo
NEN Price at posting:
32.0¢ Sentiment: Buy Disclosure: Held