nen is the next mad, page-28

What a croc. You tryed to convince us that the SP would lose another two thirds of its value and fall to 10c. In the week since you made that statement it has increased in value by more than 10% despite crappy oil price and despite very unfavourable equities market. NEN is moving in the right direction, the opposite direction to the one you predicted.

"Bottom line is I still think it will be a hell of a long time before NEN has higher highs and higher lows on the chart". What crap. Thats not the bottom line at all. Bottom line is NEN is making excellent progress in proving its oil reserves which exceed expectation in Paloma and has already begun 3D siesmic work on the Vietman leases with its new partner. Value is being created as we speak. Thats what it is all about. When value is created the SP will follow.