NEN 0.00% 22.0¢ neon capital ltd

nothing has changed, page-29

  1. 548 Posts.
    Whilst I don't disagree return on capital is the key however lets look at our CA assets as I said they are and will be the companies bread and butter but its going to take years to achieve this. Paloma will not be sold off IMO whilst we know their is plenty of oil however getting it out is going to be trial and error and very costly. So anyone farming in or making an offer will not be favorable to NEN. I personally think if we have any success with Vietnam Nen will develop Paloma on its own high risk high reward.
    Plenty of potential partners have look at this by now so I can only assume the terms offered to our management have been Non commercial
 
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