The mkt cap has moved up $4$-5m to $12.5 million, which is probably where it should be if you assume we make some progress on the insurance claim, and get some claw back from ENI's extreme claim.
Can we press higher without news?, NEN has said there is none coming..... I doubt it, there is still the potential for legal action from ENI on NEN which would put a pall over the vechile.
Happy to buy it 1.5/1.7 area without news, but not in the 2.1/2.3 area...
GL
NEN Price at posting:
2.2¢ Sentiment: Buy Disclosure: Held
