NEO nuenco nl

to slick rick., page-15

  1. 21,239 Posts.
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    I'll lay it all out for you with NEO.

    1. They have found gas (anyone could where they are)
    2. Not enough yet to be significantly commercial
    3. They don't test flow rates for above reason
    4. They have a fairly small acreage so need great result
    5. Before too long they'll run out of targets

    all my opinion, but the on-field geos have already indicated small reserve - if you care to go back and read the stuff NEO have announced - so the chances of major hit are small indeed. You just don't need to be an expert to figure any of that out.

    NEO would be better off telling it like it is - just look at the market action to test whether anyone's buying into bonanza gas field - no they are not. If the market really liked NEO's chances do you think for a moment their sp would be drifting around 5c? of course not..... wake up people.

    NEO does have some prospects, I won'y deny that, I've never said it would fail to find anything, but anyone thinking along the lines of the fantasy merchants on this site is simply kidding themselves.

    now have a nice day.

 
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