California dreaming to pay off for undervalued junior

HAVING completed a successful oil and gas drilling program in the energy-hungry Californian market, Australian junior Nuenco NL is planning to monetise its South East Lost Hills finds and tackle North Yolumne-1, targeting a potentially 100 million barrel prospect.

California dreaming to pay off for undervalued junior California dreaming to pay off for undervalued junior California dreaming to pay off for undervalued junior California dreaming to pay off for undervalued junior California dreaming to pay off for undervalued junior

Currently trading at under 4 cents on the ASX, Nuenco (NEO) was actually worth between 6.2 cents and 11.6 cents per share with a weighted average of 7.

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