re: marcol Those numbers are very conservative imo , the Hydrocarbons are there , we know that. Its now a question of how to extract them , and what flowrates can be achieved. Remember those numbers are 'inground' values and would treble once production starts . NEO's $75m of tax losses will then be able to be 'monetised'.
As always , the 'upside' is there and cash concerns should have been allayed by the recent raising , so bring on he testing and development!!
SALTY
- Forums
- ASX - By Stock
- NEO
- what gives?
NEO
nuenco nl
what gives?, page-19
-
-
- There are more pages in this discussion • 37 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)