NEO - Nuenco Limited

[Bullion]

Too many bourbons for that guy....

 

[mime]

I read people saying buy it for the last 2 years. What's different now?

 

[yogi-in-oz]

Hi folks,

OPL ....unsolicited takeover offer !~!

Let's hope a little speculation rubs off onto
their junior partner NEO .....

happy days

yogi

 

[pacer]

Sorry about my anebriated blurb last time.......little to much plonk.

Well I just checked Statesmans site, and it seems NEO is trying to reneg on the deal to farm out the new surf land, and litigation may take place!.....I now do not trust the directors, and have no confidence in them at all.

This company is going nowhere fast.

I would have bought more at 1.6-1.7c after the meeting, but these plonkers have given me no confidence, all we have is promises, and them running around buying things so they can say they're doing something, when in fact they have not even touched the initial drill area in months, and have given no indication of when they are going to even attemp to frac the holes.

When the questions were asked, the subjects were run around or non commital and the ususal rubbish was sprouted about the "direction" of the company which we've all heard before and has been repeated many times.

Will hold a small parcel for the drawer but it would take alot more than OPL being taken over to spark an interest for me.....waiting any new news.

Good luck to all who hold.

 

[Sean K]

That was the BEST FUN I've had in ages.....Mate drove cause I was hungover....but got back on the bourbon (COURAGE) again, b4 we went in.......it's ok I'm back on the Jim Beam again....sooooo.......


The first question was..."who are all the directors?".....and I cracked a FRACC

Who gives a stufff...

Butted in....

Asked the hard questions and got .....excuses.....Drilled a few holes and rooted both of them and have two broken down rigs, but can afford to buy more acreage?????..............The holes have had MUD put in them that is NOT amenable to acid ( they stuffed up.....the stuff they used was crap....some stuff.... won't break down....forget what it's called..)..had some **** in it that couldn't be broken down by acid)........... so now they have to try and FRACC....very speccy........as they are experimenting, but if it plays out....then the chickens have hatched!!.....

Baisicaly.....if they can bring the holes online without us SCREWING the hole, from going too hard at it, then we're onto a winner,.....buuuuuutttttt...they are taking thier bloody time and not focussing on getting the real deal untill next year...well they said november but I don't believe that for a second!!!!!!!!!!....Next year could see us at(post consolidation)...1.7 cents again or.....$25.....put it in the drawer.....and wait......tilll either the big holders crack it...the small ones already have...or there's a sneaky going on.....hold for the future and buy low....

Quentin......did u see me there......?

COULDn't miss me I suppose!......spent half the time yakin' to me...diddn't move a single eyeball either.....Gotta give it to them .....both barrels...brought a mate, who doesnt own them....and he even give it a shot....hehe...What happened after I left?...missed the vote....they still want it at 2.6c......shesh...was too pissy to ask that one!....awesome that they started talking turkey though....even thew a few expletives in....great!!!

What happened after I left....?....Was that u that walked out too?

Diddn't realy give FRACC....but will buy more at post consilidation.......got my answers....and expressed my views!!!!....only 55000 own at the mo....but was seriously 1,800,000 at one stage.....diddn't tell a lie.......am pissed off like u guys.........LIKE MY t-shirt?....haha....got em thinkin the BOYS r gonna pay him a vusit


I forgot to ask if it's tru that OPL have commandeered the FRACC riggs for themselves for thier own benefit, and we're left in the dust!!!!!!


untill we have gass...it's all theory....and speculation......Speccy stock.....

After consolidation....which they said was - a good thing, so they can have better exposure to the North American (ie THE US)...MARKETS....as they hate small companies that r 1 cent.....but you've gotta think !!!! we're alawys gonna be smalll..then u think...potential....buy post consolidation...........bahhh humbug....mine is a CHRISSY present...HOLD STUFFALL SO can't complain....NOW!...buying up big post though....get my1,800,000 back at a real cheap price!.....hehe....lol.........BURP!.....

So to sum up this little BLURB......NEO sell....or don't....or if u aren't in ......and thinking about it!......buy minor now ..big a little later....got the 55000 for my Nephew....so he can look after me in my old age...Get it!

Was a big hope but is now a speccy...for sure.....hope ur grandchildren can enjoy the profits of this one...it's there (gas)...but the TECH. is a little slower coming online....than we thought...

It's a very cheap share for the bottom drawer....and WILL be cheaper soon.....Maybe.....have a feeling that it wont drop, 'cause it's too low already,,,,,,,Damn my mates for puttin me onto this one..It's like gamblint....gotta Know when to hold'em....know when to fold'em...ahhh I'm buying back in POST!!!!!

To sum up........spec on the fraccin'.....happy they're taking time rather than rushing it......Fraced up myself a few times doing that!.......but a bit more info would be nice.....AND I HAD THEM UP ON THAT A BIT..... TIME WILL TELL!

By far the best post I have had the pleasure of trying to read.

Thanks Pacer.

 

[yogi-in-oz]

Hi folks,

Chart shows NEO made a significant low, at
a major time cycle on 06102003 and has gone
through a full price cycle, over the past
3 years to bring us back to the same lows,
on 06 October 2006.

There was also some critical timing on 07082006,
which triggered a subsequent rally, before
another test of the lows ..... some 60 days later!~!

NEO chart shows the simple geometry of the
triangle and the circle, as NEO is now
expected to lift slowly, off its lows:

http://www.incrediblecharts.com/forums/messages/8/neoupdate06102006-921811.pdf


This week 3 cycles are expected on 2 days:

10 October 2006 and 13 October 2006

happy trading

yogi

P.S. ..... NEO is our pick for the ASF Aussie trading challenge
this month, as well as holding the stock.



=====

 

[pacer]

Alot of selling at 1.6c today, 1.5 cents looks iminent....So much for the 11 for 1 deal to get the SP to 20c a share!....they should have gone 20 for 1

The idea was to get the SP to 20c to create more interest in the North American market.....well at this rate it will be lucky to be 16c....what a disaster....post consolidation could see it at even less, but it is possible that it may buck the trend and actualy rise or even break out, dreams are free!

They are gonna have to do some real hard work to raise the SP, some news on the fraccing would help....when the hell is that gonna happen....been waiting for months just for a rig to get on site, and no new holes have been drilled as both rigs are broken down, and have been for months, the excuse was that the couldn't get anyone in to fix them, well that was months ago and before they went out and spent 5 mill of our money on buying into more land.....you'd have thought that it could have been spent on fraccing or repairing the rigs!

They talk of the direction of the company, but what of the direction of the SP!!!!!!

 

[pacer]

1.4 cents today....What a winning idea it was to buy into even more land.....I mean it realy worked last time huh!.....total idiots.....unless of course there is something in it that we don't know about.

They still aint got no saleable gass, and they still aint fixed the damn rigs and they still don't have a fracc team on site......Now they will have to go and find some more $$$ and reduce the SP again.......dilution is not the answer!

I think I'm gonna have to e-mail them and get some answers.

 

[betrade]

........and let us know how you go. I think it was a pretty good announcement, though the market doesnt seem to agree. Would love to see some work on the other problematic wells too, though believe their partners are holding out on this.

Regards

B

 

[mime]

The Sp has been disappointing. I'm happyish that I sold out at .018 but I think something sus is going on. Does someone want to tell ASIC?

 

[pacer]

I was told ages ago that this could happen...these guys are set up for a cheap take over, but I wouldn't listen....I hold a small parcel still.....for the hell of it.....and if I was nt trading so much wouldn't even bother looking at the price for a year or two......

Sp has everything to do with sentiment and stuffall to do with value....these are now extremely cheap and I may even put in a bid for more for the hell of it....this one will require extreme patience....

OPL are probably to blame as they want thier holes fracced first, and fracc teams are hard to get ATM.....OPL as partners.....I'd get a divorce!

What gets me is they had all that money to spend on fraccing and fixing thier rigs but blew it on buying more and more land rights......weather this pays off or not is very speculative, but maybe there is a method behind the madness.....I just don't care anymore...and can't even be bothered selling!

Fraccing expected to begin this year....what a joke!

I'm definitely taking a noose to any AGM after the new year if there is no action...just for the hell of it! .......

 

[Out Too Soon]

Hey Pacer! delete some msg's from your private msg box, you've run out of space. :

 

[pacer]

Done OTS.....Looks Like the dog has fallen as far as is can....splat!

 

[mime]

So what's up with this stock guys? Is it gone?

 

[mime]

So are we to never speak of this stock ever again?

 

[betrade]

No news

= Not so good news. I only hope they get taken over. Wouldn't cost much, though the land should be worth a bit

Holder, but down a few G's.

B

 

[mime]

OMG the stock is now worth $.15. I sold at .016. I guess the ones who held their nerve are laughing now.

 

[Tomahawk]

OMG the stock is now worth $.15. I sold at .016. I guess the ones who held their nerve are laughing now.

Don't fret too much. I believe it has just had a share consolidation. The company is still a dog IMHO.

 

[toc_bat]

share consolidation - phew. i have been watching this for a while now and thought i missed out on the stock of the year.

 

[SevenFX]

Here what your looking for toc bat. 11 to 1 consol.
http://www.asx.com.au/asxpdf/20061221/pdf/3108jn5mlwndj0.pdf