NEN 0.00% 22.0¢ neon capital ltd

Back to the late 20's ...... not on the sort of news from...

  1. 971 Posts.
    Back to the late 20's ...... not on the sort of news from yesterday. They had to plug 800 meters of the hole with heavy mud, hence there is a lot of pressure. Which I suspect caught them unaware when it occurred.

    For us it means the play is much bigger than first thought and hence the estimates are out the window. A successful wire line and we will have a ten bagger here. Have a look at the GMP Securities report dated June, 2012.

    The announcement could not have ben any better. I would expect the price will now keep trending higher over the period of the testing which will be two to three weeks.

    Whats the bet that it is an anolouge of Dangfong 13-2 with the difference being that the gas kitchen is below our spud?

 
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