Attn Guys- My institutional source has told me that his city stockbroker was talking to a Danish Investment banker today and was informed that we will see a lot of action in New World Oil shares over the coming 6 months- Their Danish acreage is a gas play in the main and at present the Danish Government are having to pay very high prices for importing their country's gas requirements --hence all the stops will be pulled out to get New World Oil's drilling program started as soon as possible and that this is where Niel Petroleum involvement will be the major catalyst.
Exciting times ahead for those who are patient guys! New World Oil shares are set to take off at some stage in the next few months!
Whilst your 11:09hrs post is, a good summation, the two potential options which you highlight are not mutually exclusive and imo, 'NEW's' 'new management' will, i have no doubt, be actively exploring any and every means of maximising income generation on behalf of themselves (and by default, their shareholders) across both the European and African continents. Best of luck with your investment. Rgds, Arbitrage.
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