baragatan ready to go, page-17

It's a shame bigglesworth that this company can't even be valued on it's galoc production and reserves but that's the markets for you. But someone needs to get a handle on what's going to drive ths sp. Read this from the chairmans address at this years AGM.

"Following discussions with major Shareholders, brokers, and potential investors and
financiers, it became clear to the Board and Management Team that the focus of the
Company needed to shift. The market wants a Company that has reliable production from a
number of different assets that generate predictable and long life cash flow, rather than a
Company predominantly focused on ‘blue sky’ exploration. Moreover, it became clear that
the market would like to see Nido have a broader spread of exploration acreage – both in
terms of risk profile and geographical distribution – and also that the Company is able to
comfortably fund its G&A and exploration commitments on an ongoing basis."

So in one breathe the Chairman is telling us the board is stacked with expertise and experience in o&g and in the next breathe they are ringing around asking shareholders and instos how to run a tiddler oil company and if we do this that and the other will you pretty please buy some shares.. Lessons not learned at BHP obviously. I was confused and perplexed at the time and still am. And how is that working out for us Mr Bloking? Have any of these people they spoke to bought shares in this company yet? Doubt it. Talk about the bride being left at the alter. Holy embarassments. You would like to think this a screaming buy at the moment but hey, why not wait till shes a bit lower. Nido won't let us down on that front, that's for sure. All just my own opinion.