NEO nuenco nl

someone do the maths for me, page-2

  1. 7,611 Posts.
    I doubt they will 'hook-up' the pipeline until 1.5mmcft/day flows in 2 months or so. 1.5mmcft/day would be worth about $5m per year to NEO.
    If/when that happens it will earn NEO about A$3m p.a

    Small potatoes really , but enough to fund further developments to get the gas up to , say, 6~10mmcft/day and get after 'first prize' , the deep monterey oil (which will be tested and developed regardless of the gas play ...imo)

    SALTY
 
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