stockanalysis on neon ($1.09 valuation current, page-22

I have been watching with interest the T/O of Cove energy and on Friday the offer was $3.69 Aus.
The intersting thing on this sis that htey have a small percentage of a significant gas find with other acreage however the real jewel in the crown for Cove is:

"Cove’s key asset is its 8.5% stake in gas-rich Area 1, off Mozambique, which is
estimated to hold recoverable gas resources of 24 trillion-50 trillion cubic feet.'

Looking at what NEN currently has with Paloma and if the reserves and production realise the numbers that have been discussed by members of HC and the broker reports and announcements by NEN, there is no reason that NEN cannot achieve share prices similar to Cove.