NEO - Nuenco Limited

mime · 15 June 2005

Re: Neo : Nuenco Nl

johnsmith 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:

Bo ya!

johnno261 · 15 June 2005

Re: Neo : Nuenco Nl

In total agreeance with JohnSmith. Production commences August hence the cash flow to further fund future developments. What I do know that is a fact, is Ballieu brokers in Collins street Melbourne are very bullish on OPL/NEO and infact had one of the head honchos from OPL visited them last week.

In my humble opinion i do think that because NEO has an even play as OPL, both being 37.5%, NEO is trading cheaply. Do your own research people!!

silverfox · 15 June 2005

Re: Neo : Nuenco Nl

Johnno...and Bailleau reckon about 25c CPS per share...I hear from HC. Not that HC are reliable. Bottom line is that there is rapidly increasing interest in NEO as evidenced by the transactions over the past few days.
I LIke

johnno261 · 15 June 2005

Re: Neo : Nuenco Nl

silverfox said:
Johnno...and Bailleau reckon about 25c CPS per share...I hear from HC. Not that HC are reliable. Bottom line is that there is rapidly increasing interest in NEO as evidenced by the transactions over the past few days.
I LIke

Silverfox,
How do you know that Bailleau valued NEO @ 25 cents a share? If that figure has been mentioned on HC, well in all honesty, I would not take anything as Gospel coming from that site!! I don't mean to be rude in anyway to HC(better known as HA-HOTAIR), this forum is really fantastic compared to the garbage that's allowed on HC. This forum is a credit to all members!! Oh how ones opinion can change!!! ha ha
I also acknowledge you in saying that the interest in NEO is really good for us shareholders that have been patient. I do agree Silverfox too with the Volume in some of the transactions over the past week nearly!! Hopefully it's about to take off!!! Fingers crossed. Cheers

silverfox · 15 June 2005

Re: Neo : Nuenco Nl

Johnno ..you are right about the hot air on that site. Anyway one of the posters reckons he spoke to a broker at Bailleu...I agree we cant trust such info and it was probably wrong of me to even report it on this site. :screwy: I suppose Im getting a bit excited at the moment. Been holding onto to NEO a long time through thick and thin like many of us. And at last theres a bright light starting to flash at the end of the tunnel !!

There is almost certainly some institutional activity showing now and I think we will see some broker reports and recommendations appear very soon.

Im holding and very optimistic.

johnno261 · 15 June 2005

Re: Neo : Nuenco Nl

silverfox said:
Johnno ..you are right about the hot air on that site. Anyway one of the posters reckons he spoke to a broker at Bailleu...I agree we cant trust such info and it was probably wrong of me to even report it on this site. :screwy: I suppose Im getting a bit excited at the moment. Been holding onto to NEO a long time through thick and thin like many of us. And at last theres a bright light starting to flash at the end of the tunnel !!

There is almost certainly some institutional activity showing now and I think we will see some broker reports and recommendations appear very soon.

Im holding and very optimistic.

Silverfox,
It's good to be excited about a stock such as NEO, but most importantly just don't become attached to a stock!! Good luck mate and going by my own valuation on reports from NEO & info from OPL, 25cents is a fairly conservative value on this company. That in mind, geez I would be most happy to recieve 20 cents which is 400% above current trading levels!!
Good Luck !!

brent2 · 30 June 2005

Re: Neo : Nuenco Nl

Hi all,

More good news today.

Ok we have waited patiently enough now, It is time to take off. Please.

Brent

Porper · 30 June 2005

Re: Neo : Nuenco Nl

brent2 said:
Hi all,

More good news today.

Ok we have waited patiently enough now, It is time to take off. Please.

Brent

Trouble is the price isn't going up with all this good news-yet anyway.

I think a lot of the problem is that it is a day traders stock, so I am getting a little impatient.I am in profit and there are other good stocks around so very tempted to get out.

Management do dangle that carrot well though, if I sell it's bound to race away like a jet propelled missile.

brent2 · 30 June 2005

Re: Neo : Nuenco Nl

Porper said:
Trouble is the price isn't going up with all this good news-yet anyway.

I think a lot of the problem is that it is a day traders stock, so I am getting a little impatient.I am in profit and there are other good stocks around so very tempted to get out.

Management do dangle that carrot well though, if I sell it's bound to race away like a jet propelled missile.

Of course it will take off if we get impatient and sell now,

That bloke Murphy hangs around looking for opportunities like that.

But jeez, the word COMMERCIAL was in the last announcement, and now NEGOTIATIONS to SELL in this one. It must be only the Daytraders in on this one with us...

regards,

Brent

johnsmith · 1 July 2005

Re: Neo : Nuenco Nl

Well there's nothing stopping you from selling if you do see a better opportunity.

I for one see no such better opportunities.

From experience, I find that impatient investors seem to always miss out on the big gains when the stock moves. It will take less than 10 minutes given what is on the sell side for the stock to move significantly.

But as you know, its usually a slow and steady increase, not a one day doubling or tripling of the price.

anyway, the oil is flowing (commercially), without fraccing. This is better than expected news, so I'm happy to continue holding until the company is re-rated, and the gas/oil is sold to market for a very good price in California.

looks like the pipeline won't take long to construct either.

mime · 1 July 2005

Re: Neo : Nuenco Nl

So they found oil as well? Is the well big? If so things are looking good with the major demand for energy.

silverfox · 2 July 2005

Re: Neo : Nuenco Nl

NEO is no longer a speculative exploration stock. They are a small company with apparently significant oil and gas reserves as will be born out in their P.50 statement before too long. They are moving to production. There will be a series of positive announcemnts on oil, gas flows and further testing and drilling. The day traders effects will werar off as big investors and institution become more aware of what NEO has to offer and the 5c level will become a distant memory. Im holding patiently confident of a slow and continuous move up.

canny · 7 July 2005

Re: Neo : Nuenco Nl

silverfox said:
NEO is no longer a speculative exploration stock. They are a small company with apparently significant oil and gas reserves as will be born out in their P.50 statement before too long. They are moving to production. There will be a series of positive announcemnts on oil, gas flows and further testing and drilling. The day traders effects will werar off as big investors and institution become more aware of what NEO has to offer and the 5c level will become a distant memory. Im holding patiently confident of a slow and continuous move up.

Agree Silverfox - just a matter of time - then it'll do what NDO has done in the last few days. All the manipulators are getting set first.

canny · 18 July 2005

Re: Neo : Nuenco Nl

Silverfox - news from the company is that progress is all excellent.
There is nothing 'new' that needs to go to ASX - but the pipelines are in place and a lot of final testing will be carried out through the pipelines. That doesn't happen unless they are very confident.
Time frame still dependant on outside forces. Don't give up!
One of these months soon, you should take out the tipping comp, unless I beat you to it next month!!!

Porper · 19 July 2005

Re: Neo : Nuenco Nl

canny said:
Silverfox - news from the company is that progress is all excellent.
There is nothing 'new' that needs to go to ASX - but the pipelines are in place and a lot of final testing will be carried out through the pipelines. That doesn't happen unless they are very confident.
Time frame still dependant on outside forces. Don't give up!
One of these months soon, you should take out the tipping comp, unless I beat you to it next month!!!

Just got back off holiday thinking Neo will have made me my millions by now, how wrong I was.Mind you to do that Neo would have to be about ten dollars :blaah:

It does all seem to be good, just funny how the market doesn't agree, maybe the insto's etc will come in when flow rates are known and production is in the equation.

mime · 25 July 2005

Re: NEO : Nuenco Nl

I just read the announcment of the amount of gas they hope to get. It's somewhere around 6,000,000 cubic feet a day. They can sell the gas for around $6 a cubic foot. Their share works out to around (6,000,000 * $6) * .37 = $13,320,000 per day revenue and the stock price goes down?? Where has my maths gone wrong?

silverfox · 25 July 2005

Re: NEO : Nuenco Nl

Mime..in your maths dont forget the royalties..best to work on about 30% in lieu of 37%. Another important factor for NEO is that there is an accumulated tax loss of about $75 mil..which will help post sales.

Anyway..so far the market dosent care..decent announcement today was met with the usual so what from the market...this is going to take a lot of patience..

idribble · 25 July 2005

Re: NEO : Nuenco Nl

H/C has a reputation for brokers lackies' posts (would be's if they could be's), luring those who have just paid 10K for the latest software, and others' who have just found out the market is better than the 3.30 at Flemington. All 30 minute experts.

NEO is like watching IMT many years ago, a real good belly laugh.

The DT's have a crack at this, the old triers (g'day AC) try to make a quid. All in all, just some fun. Never to be taken seriously.

mime · 25 July 2005

Re: NEO : Nuenco Nl

silverfox said:
Mime..in your maths dont forget the royalties..best to work on about 30% in lieu of 37%. Another important factor for NEO is that there is an accumulated tax loss of about $75 mil..which will help post sales.

Anyway..so far the market dosent care..decent announcement today was met with the usual so what from the market...this is going to take a lot of patience..

30% of the 37% is still a massive amount of money for such a small company. Well have to see what happens in time.

doctorj · 26 July 2005

Re: NEO : Nuenco Nl

The market won't ever permanently revalue a junior oiler in the absence of evidence that its efforts are making a material difference to the bottom line. The first step along that long journey is flow rates.

The company can speculate all they want on what they want or hope, but its pointless. Unless they reasonably expected the project to have an acceptable flow and hence an appropriate payback period then they wouldn't have participated in the drill in the first place. Any speculation is irrelevent. So is any comment on net pay or any subjective comments relating to the passage of hydrocarbons during the drill.

NEO will eventually come to market to say they tested the flow at a XXX choke for X days for a flow rate of Xmmcfd and X bopd. Then you can start calculating its potential effect on the bottom line. If you feel its going to make a material difference to its cash position, then there is your trading opportunity before the quarterly that should reflect your maths.

With junior oilers, sell on spud. If you're not comfortable in doing that, you're next best bet is to buy after they've announced what they've got. Let the day traders fight for the peanuts and don't be the one that buys their drinks.

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