For what its worth the writing was on the wall as soon as James Price Point was axed for FLNG with no infrastructure built by the big boys NSE had no hope. I think it was a good move to get cash flow going, if they can improve reserves they can get more credit and at more competitive rates this is how companies grow. I've seen other exploration companies put all their eggs in one basket and turn 100 million into nothing and disappear. We all would like a quick buck but in this case we will have to be patient if your a believer. Lets face it NSE was always high risk.
NSE Price at posting:
12.5¢ Sentiment: None Disclosure: Held
