Great post from bingdc with regards to cash position of NEN, gamblers today take note...
"""My source at bells says that company has about 2 mil after all expenses and is looking to a cr of 4 mil (which would be only 10% dilution or there abouts)
US assets are only worth around 10 mil and are on the block ( wish I had 10 million )
Vietnam assets have been written down hard
So its off to indo to play this same game in 12 months.
Timber7 and Tshirt If you are reading this, thanks, I have learnt some great insights into the O&G industries and thanks for the very informative posts.""""
Bing
NEN Price at posting:
7.0¢ Sentiment: Sell Disclosure: Not Held
