Stapleman the quality of info from AOC concerned me. No where did they define the reserves they were targetting as 1C,2C or 3C. Similarly the wirelog shows of 180 ft was'nt qualified as net or gross. Its only today we learn there is up to 3 zones to test.
I hope for holders sakes that they have a producer down the track.
I much prefer a higher level of disclosure for risk assessment along the lines Neon provides.
The pschology of the market is a wonder at times.
NEN Price at posting:
33.0¢ Sentiment: LT Buy Disclosure: Held