SB - I think the latest ann, while mostly positive, does indicate a little slippage in the first drill advised as late June/early July, to now being late july (possibly early Sept). This will take some of the buying pressure out of the market as players redeploy funds elsewhere in an opportunity cost play, returning to NEN later in the month.
I suspect in the meantime the price will drift around a bit, until there is news on NENs US/other activities.
Might even drift back to the early 20s in the short term.
NEN Price at posting:
24.7¢ Sentiment: Buy Disclosure: Held
