Ironically TaneNui todays upsideat AOC is a result of an "encouraging result from wirelog analysis". Encouraging news for sure but far from bankable at this time.
At Paloma we have had a few encouraging wirelogs plus the addition of various flows....theres sometimes no telling what will run but its good to see there is still high risk punters out there.
Should AOC succeed with this well then its proximity to Neon should be good for our market though we are potentially of greater benefit to them.
NEN Price at posting:
36.5¢ Sentiment: LT Buy Disclosure: Held