timeline , page-21

I see y'r point RB. Since both NDO & KIK are into Tindalo & Gindara, there is a common pattern behind the T/H.

I haven't seen any others on the ASX go into a halt yet, in case a local player was interested in Gindara. Still 3 hours to go b4 the bourse closes.

Also, since there are no local players at T1 or Gindara, its hard to track news update on the PSE or DOE portal in the P'ines.

Time to check out the P'ines DOE site for who's who of Operators in the P'ines, if the news is indeed about the farmout.

Also if it is Gindara related, I noticed on the AGM preso, NDO have reduced their interest frm 60% to 35%.

I wonder if KIK are cutting back frm 40% to say 15%, so that the farminee gets to play operator with 60% & free-carries both NDO & KIK for the first well, now that would b good news.

I remember the time when NDO were engaged with Unocal abt Galoc farmin back in 2002, until the later said after a few months of reviewing that 150 mmbbls didn't interest them.

I wonder if Nido's prospects have caught the attention of a bigger player with deeper pockets since NDO's prospects are classed as drill-ready or are the flowrates at T1 decent !!

Either case, we shall find out nxt week.