According to my very basic calculations.
If a successful Jumonville would make NEO shares (post a full Rights issue Take up) worth 12 cents per share.....
Then a successful Guijarral Hills #1 well would mean about 50 cents per share
A successful North Kettleman #1 well would mean about $1 per share
But those calculations for GH #1 and NK #1 are very basic and are probably not nett estimates - but as a rough guide they work for me. But don't take my word for it!
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rights offer at 2.5c stock now 3.9c, page-4
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