Just curious to know what others think management should be doing differently to get the sp to increase?
I certainly think ndo is very undervalued at current levels and I feel for many who have bought in when the sp was up around 30c-50c. Who would have thought the sp would have dropped so much and not recovered by now with all the good news coming out. But I do believe sooner rather than later we will be rewarded for holding on.
As far as management go, I think they are doing a good job in achieving the companies objectives regardless of the current sp. Sure I would have liked to see a strategic partner come on board earlier but at the same time I am glad they didnt just jump on the first offer that crossed the table. They know we are sitting on some A-grade acearage and for that reason will not bow down to a major that thinks they take a low swipe at them to get a bargain.
Unfortunately the oil game isnt a quick game so patience is required.
NDO Price at posting:
14.0¢ Sentiment: Buy Disclosure: Held
