How are the points I raised irrelevant to the outcome? They are factors which militate towards success rather than failure. They are the factors which I have assessed as to why I would prefer to hold rather than prefer to sell my shares. I take it they are the reason you still hold and in fact think success is more probable than less probable.
No one knows the outcome for if they did they would sell their own body for money to put into shares. But when assessing risk and talking about shares, which is what HC is substantially about, NEN can only be said to more likely to make a commercial discovery than less likely to make a commercial discovery. Added to that is the size of that likely commercial discovery.
The JV aren't looking for a 9kg gas cylinder down at the local BBQ's Galore.
GLTA
NEN Price at posting:
29.5¢ Sentiment: LT Buy Disclosure: Held
