NEO nuenco nl

massive upside

  1. Slick Rick
    172 Posts.
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    07/10/04
    11:19
    Post #: 605744
    Has anyone else done a valuation on NEO?

    Based on my calculations, assuming US$10 per barrel discovered and a discovery of 100mn barrels in the Monteray and 100mm barrels in the Stevens, NEO shares are worth $1.07 on a fully diluted basis.

    That's a 4000% upside, for a 100% downside.
    NEO Price at posting: 0.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
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