nse problems

1) share price goes down
2) the company is still in a very early stage that means just wait for lower shareprice and than buy if you are a beliefer
3) still the code is not cracked how to produce oil/gas economically from nse`s assets and you will need 100s of millions to build an infrastructure
4) the shell well had bleeding cores. thats a great hint but not enough
5) nse has to drill, test, frac, establish a test oil/gas production. I cannot see that nse management is able to do so soon
6) at companies like conoco there is competion for money for projects - do not see that the nse joint venture is a vip for conoco

anatol is a great poster, builds on geological knowledge but underestimates the time nse will need to get an economically production (pay dirt time) - my conclusion watching the slow progress in drilling more wells

there are better unconventional oi/gas companies in australia at the moment imho
would be something else if nse could have presented bleeding cores or better a production test
whereever you drill a well in a sedimentary basin on this earth you will see oil/gas shows - so Im not impressed
but will keep nse on my watchlist