jocot, page-2

""Jocot is very important for NDO holders. There are plenty of Oil experts at NDO. But when these SC permits expire it only a good relationship with Philo Govt that will preserve the untapped value with an extension. You only keep what you have drilled on expiry. I think JOCOT is a good asset.""

that's the BIGGEST load of bollocks i've seen in ages.

Nido can't even get the "easy one's right" (YAKAL & TINDALO).

just imagine what will happen when they come up against the hard one's.

add up how much extra "TINDALO" has cost..i'm not just talking about developement costs.

Tindalo & Yakal were the "acid test". total FAILURE.

"decided they would fly blindfolded, had no idea which way the cards would fall" "extened contract with Aquamirne within very short period of production, experience would have said "wait and see what happens", "credibility", "share price should be much higher", needed a placement at a much cheaper price", "perhaps better terms with Shell Joint Venture".

i could continue.

if they are forced to Yakal because they can't get Tindalo working. keep everything crossed because you'll need it.

changes are need right along the line..M.D, D.M.D & board.