NEO nuenco nl

what gives?, page-19

  1. 7,611 Posts.
    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
 
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