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0.00% 22.0¢ neon capital ltd

Chillam Directors and staff are not allowed to trade now. There...

  1. Choptip
    14 Posts.
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    16/09/13
    15:52
    Post #: 12333676
    Chillam Directors and staff are not allowed to trade now. There will be gas. It will be a discovery. But is it commercial? 120 well is in a perfect location. Bhp hit a 6m oil column on the same structure but they did not drill the crest. Probably it was nearer 20m on a huge prospect. Testing the upper play and then drilling into known hydrocarbons? Its as good an exploration well as you will ever get. IMO
    NEN Price at posting: 27.5¢ Sentiment: Buy Disclosure: Held
    Likes Created with Sketch. 14  Upvote
    lightbulb Created with Sketch.  Great analysis
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