I think all that is needed for NEN to really kick along is confirmation of reserves at Paloma and the market will quickly rerate NEN and we will see NEN getting near or above the $1.09. As has been widely said it is not a matter of if it is a matter of how much.
Interesting that a number of the reports place NEN in the $3.50 range.
stockanalysis on neon ($1.09 valuation current, page-4
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