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0.00% 22.0¢ neon capital ltd

smart risk/reward trade off

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    2,408 Posts.
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    05/09/13
    10:24
    Post #: 12290212
    I take my hat off to the JV on Block 120. They have made a very intelligent move by drilling Ca Ngu over the other two much larger prospects.

    They have traded higher probability of success for smaller inital volume, not that 180Mb is anything to be complacent about. Its still an elephant.
    NEN Price at posting: 28.5¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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