NDO 0.61% 82.0¢ nido education limited

nice bounce, page-10

  1. 37,286 Posts.
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    re: flow rates - experts please??? hi lyns

    ""if a flow rate is between 50,000 to 75,000 cubic
    feet, lifetime over 40 years - not good enough?
    or worth acquiring/holding the shares?""

    i guess you're talking about IMP...

    as from above:

    50-70,000cf/d...we have NO conformation.

    lifetime over 40years..we have NO conformation.

    1) i have no idea about oil & gas game.

    2) the company is keeping people in the dark. for the life of me i can't understand why the company hasn't released some details about gas flows. Personally i don't like that. IMO very very very wrong and smells like a rat.

    3) whilst flow rates are important for cashflow, IMO having certified gas reserves tops the list. At this stage we have NO idea..

    50,000-75,000cfd at present with gas prices, just enough for coffee and TimTams.

    i did buy a few at 1.1cent, sold out at 1.9cents.

    at this point of time i personally wouldn't pay 2.3cents.

    i've stayed off the IMP thread recently, because some would think i'd be downramping if i posted.

    regards
 
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