re: now neo gas show attn:ian w
Ian. Noted your comments . I think the royalties are around 25% , but drilling is cheap (onshore) and location is bluechip hydrocarbon country. There is serious money and skills behind this play.
Seems all parties were surprised to hit gas at 2150feet (TD 10500ft) so smoewaht a bonus if it proves up.
Maybe you should checkout their website www.nuenco.com.au
Could be a cracker , and cheap relative to prospects at 3c imo.
