rickii78, you've hit the nail on the head. I think from past experience we all find it impossble to believe this had a 20cent+ share price on the back of a series of wells that could just as easily be commercial as they could be dusters. Cetainly not survive over 2 years above that level!!!!. (Addition to the 300 Index may explain some of it, but that didn't happen til later either).
There has to be some intrinsic value elsewhere. Unfortunantly this has sucked us all in, and we look like testing towards 3.0 cents this week unless we get news.
They've had over a month to get an idea on costing/way forward, we should get something soon.
GL
NEN Price at posting:
3.7¢ Sentiment: Hold Disclosure: Held
