NEN 0.00% 22.0¢ neon capital ltd

$30m in the bank (unless we vote down the second trance for...

  1. 946 Posts.
    $30m in the bank (unless we vote down the second trance for which the chance is 'remote').

    What we know is that they have 'suggested' in interviews that they think the Paloma drill set is 'significant' and as a result there are a number of signals that tell us that they have been buying up as much acreage as they can.....OXY who I think we can agree are smarter than the average bear have also been spending a LOT of money since the Paloma results from the first drilling became known which to me suggests they know its commercial.

    But there is that ongoing seller.....sure wonder what thats about.
 
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