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Re: Neo : Nuenco Nl
Anyone have an idea when another major announcement will be made?
Anyone have an idea when another major announcement will be made?
NEO - Nuenco Limited
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Porper
Ralph Nelson Elliott
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Re: Neo : Nuenco Nl
No idea Mime, but there are certainly plenty of rumours doing the rounds.Latest one is of a posotive announcement tomorrow or Friday, but to be honest the information isn't from a credible source.
I hold but I'm thinking of getting out soon whatever, seems to be a lot of promises and nothing else.All boils down to whether kain is a conman or not in my opinion.I have no idea personally.A gamble if ever there was one which goes against my new ideas in trading thanks to what I have learnt from ASF.
Good look to holders, could come up trumps hopefully.
artyman:
No idea Mime, but there are certainly plenty of rumours doing the rounds.Latest one is of a posotive announcement tomorrow or Friday, but to be honest the information isn't from a credible source.
I hold but I'm thinking of getting out soon whatever, seems to be a lot of promises and nothing else.All boils down to whether kain is a conman or not in my opinion.I have no idea personally.A gamble if ever there was one which goes against my new ideas in trading thanks to what I have learnt from ASF.
Good look to holders, could come up trumps hopefully.
artyman:
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Re: Neo : Nuenco Nl
Your pulling out?
With this stock I'm all or nothing.
Your pulling out?
With this stock I'm all or nothing.
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Re: Neo : Nuenco Nl
Hmmm.
I would have thought the commercial production announcement would have had a better impact on the stock price.
Hmmm.
I would have thought the commercial production announcement would have had a better impact on the stock price.
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Ralph Nelson Elliott
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Re: Neo : Nuenco Nl
Well, they are definately producers now so you would think the share price will rise, with a few peaks and troughs of course.Should be good medium term, but in this market who knows, good news seems to be getting the "ok, so what" attitude from the market at the moment.:screwy:
silverfox said:
Well, they are definately producers now so you would think the share price will rise, with a few peaks and troughs of course.Should be good medium term, but in this market who knows, good news seems to be getting the "ok, so what" attitude from the market at the moment.:screwy:
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Ralph Nelson Elliott
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Re: Neo : Nuenco Nl
Hello Oneday, sorry too cryptic for me, would you like to elaborate on your statement ? Who has control and of what do they have control over.
oneday said:
Hello Oneday, sorry too cryptic for me, would you like to elaborate on your statement ? Who has control and of what do they have control over.
Re: Neo : Nuenco Nl
In case you were not aware OPL has made a presentation this week which provides Reserve estimates/ values on SE LOst Hills - Jack Hamar.
Also a chart showing the pockets of gas and oil under their Block...
Seems to have increased interest in NEO a bit...
In case you were not aware OPL has made a presentation this week which provides Reserve estimates/ values on SE LOst Hills - Jack Hamar.
Also a chart showing the pockets of gas and oil under their Block...
Seems to have increased interest in NEO a bit...
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Ralph Nelson Elliott
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Re: Neo : Nuenco Nl
Yes, I heard that Silverfox, I wasn't going to post this, but I also heard that OPL valued Neo at over a dollar per share :screwy:
So who do you think is right, OPL or the market
The market values Neo at 0.043 as I write, so I reckon that's what they are worth.I hold but getting impatient, seems the stock is held by day traders which is stopping the price going up or down .It could be a while before another announcement so can't see it moving for a while.:headshake
silverfox said:
Yes, I heard that Silverfox, I wasn't going to post this, but I also heard that OPL valued Neo at over a dollar per share :screwy:
So who do you think is right, OPL or the market
The market values Neo at 0.043 as I write, so I reckon that's what they are worth.I hold but getting impatient, seems the stock is held by day traders which is stopping the price going up or down .It could be a while before another announcement so can't see it moving for a while.:headshake
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Re: Neo : Nuenco Nl
$1 a share? That would be a nice capital gain. Is it still a spec stock after the announcement or is that it?
$1 a share? That would be a nice capital gain. Is it still a spec stock after the announcement or is that it?
Re: Neo : Nuenco Nl
I haven't read this thread in a long time since my initial post.
Looks like the price had tracked sideways for several months.
This thread is quite comical, everyone is overly concerned about daily movements on so on.
The hints are there, and some have been spotted regarding why the company would bother with casing and so on.
Now with some flow rates and reserve estimates, you can plug it into your model to work out the value with greater certainty.
Its simple logic really what is going to happen. Come August when they start producing, I'll eat my hat if NEO is not above 10c. In all probability I would be expecting it to be 20c because by that time we will also have flow rates on the oil, and also P50 estimates on the shallow gas, and more estimates on the other zones and the deep gas also.
Also, someone has noted no body is bothering attributing any value to San Emidio "the no brainer" drill.
It'll be an interesting two months, and I'm certain of buying on any technical weakness. So I hope there are more traders like the trader that dumped 500K of NEOO at 1.9c this morning.... you really made my day
I haven't read this thread in a long time since my initial post.
Looks like the price had tracked sideways for several months.
This thread is quite comical, everyone is overly concerned about daily movements on so on.
The hints are there, and some have been spotted regarding why the company would bother with casing and so on.
Now with some flow rates and reserve estimates, you can plug it into your model to work out the value with greater certainty.
Its simple logic really what is going to happen. Come August when they start producing, I'll eat my hat if NEO is not above 10c. In all probability I would be expecting it to be 20c because by that time we will also have flow rates on the oil, and also P50 estimates on the shallow gas, and more estimates on the other zones and the deep gas also.
Also, someone has noted no body is bothering attributing any value to San Emidio "the no brainer" drill.
It'll be an interesting two months, and I'm certain of buying on any technical weakness. So I hope there are more traders like the trader that dumped 500K of NEOO at 1.9c this morning.... you really made my day
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Ralph Nelson Elliott
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Re: Neo : Nuenco Nl
It has certainly spiked Johnsmith, but Neo has done this before, don't get me wrong I would love it to keep going up as I hold, but I wouldn't count your chickens yet.
Reality is, they haven't got any money left after August and haven't produced anything yet although, yes they are close to it.
Still a risky spec play but looking better all the time.
johnsmith said:I haven't read this thread in a long time since my initial post.
This thread is quite comical, everyone is overly concerned about daily movements on so on.
The hints are there, and some have been spotted regarding why the company would bother with casing and so on.
It'll be an interesting two months, and I'm certain of buying on any technical weakness. So I hope there are more traders like the trader that dumped 500K of NEOO at 1.9c this morning.... you really made my day
It has certainly spiked Johnsmith, but Neo has done this before, don't get me wrong I would love it to keep going up as I hold, but I wouldn't count your chickens yet.
Reality is, they haven't got any money left after August and haven't produced anything yet although, yes they are close to it.
Still a risky spec play but looking better all the time.
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Re: Neo : Nuenco Nl
Who dumped at 1.9 cents? Did it get that low? How long do they predict gas reserves will be there?
Who dumped at 1.9 cents? Did it get that low? How long do they predict gas reserves will be there?
Re: Neo : Nuenco Nl
Rumors...mainly from hot/c..
Likely subjects of this weeks "likely" announcement:
Pipeline construction approved and now commencing.
9 pads with 4 wells each...36 wells approved for Sec 13 Jack Hamar
Deeps assessed as much larger than original estimates.
Fracing of JH 1 oil commencing..
Just rumors...!!!
Anyway it will be an excisting week..announcements like this would push her through the current resistance projected at 4.9.
Good luck to all long term holders of NEO your patience will soon be rewarded
Rumors...mainly from hot/c..
Likely subjects of this weeks "likely" announcement:
Pipeline construction approved and now commencing.
9 pads with 4 wells each...36 wells approved for Sec 13 Jack Hamar
Deeps assessed as much larger than original estimates.
Fracing of JH 1 oil commencing..
Just rumors...!!!
Anyway it will be an excisting week..announcements like this would push her through the current resistance projected at 4.9.
Good luck to all long term holders of NEO your patience will soon be rewarded
Porper
Ralph Nelson Elliott
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Re: Neo : Nuenco Nl
Silverfox,
I wouldn't take anything said on Hotcopper seriously, they are almost without exception the biggest set of rampers to walk the earth.I read it sometimes for a laugh, but honestly if you belive what is written on there you will soon have zilch of your money left.
Having said that, Neo's little surge on Friday was obviously for some reason and as I hold am pretty happy at the moment.If there is no announcement this week I reckon it will be back to the low 4's again.Looking pretty good at the moment though, we shall see.
silverfox said:
Silverfox,
I wouldn't take anything said on Hotcopper seriously, they are almost without exception the biggest set of rampers to walk the earth.I read it sometimes for a laugh, but honestly if you belive what is written on there you will soon have zilch of your money left.
Having said that, Neo's little surge on Friday was obviously for some reason and as I hold am pretty happy at the moment.If there is no announcement this week I reckon it will be back to the low 4's again.Looking pretty good at the moment though, we shall see.
Re: Neo : Nuenco Nl
Don't worry. They will be producing by August. And whatever cash they need to carry on, it won't require a large amount either by capital raising or debt financing.
As they start hooking up more wells to the pipeline, the cash flow will start coming in and they will be self-funding.
anyway enough of this nonsense, its time for the share price to reflect the fair value. :swear:
Porper said:
Don't worry. They will be producing by August. And whatever cash they need to carry on, it won't require a large amount either by capital raising or debt financing.
As they start hooking up more wells to the pipeline, the cash flow will start coming in and they will be self-funding.
anyway enough of this nonsense, its time for the share price to reflect the fair value. :swear:
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