fundamental data on nen is looking good for the moment being, but technical data will determine where the sp sits around the next few weeks until more is known about 105. gas is down there, jus a matter of whether its viable and %. So regardless of current sp that's what your gambling on. The real question is if it does come back all good wat will the sp be? (say lower of the estimated) then on top of that you have 120 not that far away also. Plus what is palmoa doing? is it producing more or less? then more leases in Indonesia ... I see this company as good value! say jus 1 or 2 of the above are excellent news then you would have an sp of >$1 maybe even 2! theres always a SIR around the corner ;) its a producing company! I had a look at PVD today and I see this as much more potential yet pvd is 68 c ? market logic for ya. but IF 105 has the goods then all will be forgotten nd a happy story for all at the end of the day. Any predictions/guesses if the news is bad?
NEN Price at posting:
30.0¢ Sentiment: Buy Disclosure: Held
