I figure cash is 2 million after well costs and all costs associated with the drilling.
I am throwing this question out there as we need to know how much NEON really have. Posting the company has over 10 million by my calculations is way off the mark. I am interested in other REAL comments.
Judging by todays performance when many said it would close up when in fact it closed on all time lows, indicates to me the SP is heading way lower as the market has sniffed out the company is running low on cash after big expenses from drilling, just my thinking?
NEN Price at posting:
6.5¢ Sentiment: ST Sell Disclosure: Not Held