NEN 0.00% 22.0¢ neon capital ltd

I understand your fustration on this.However, if NEN have to pay...

  1. 971 Posts.
    I understand your fustration on this.
    However, if NEN have to pay $5mil for the drilling so be it, the return far outweighs the $5mil.
    The other aspect to this is cash flow which they have and $18mil in the bank last time I looked, so the $5mil is not such a great issue.
    Cannot see the nee for a CR right at this time although this is a likelihood down the track. The difference will be the asset base on the back of 105, completely different set of circumstances.
    Communication from CK et al, well it is ordinary to say the least. We are off 10% and namely through poor communication. All CK has to do is confirm to the market where things are at, nothing more nothing less, not a big ask.
 
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