re: recent shares/analyser Just like HDR eh Meercat, perhaps you should have a closer look, Matinloc pays NDO's bills, Gayloc will give NDO 30% of 15,000 bpdp with coservatively a 10 mill barrel reserve (could be as much as 30mb+) then there are the the northesea production reserves (with more to come in future rounds) and don't forget the wild card of the Turbedites (ring any HDR bells) which no doubt will be JV'd on a free carried basis when it happens, all sounds pretty crappy to me.
On top of that ring the company and get some idea of who you are dealing with then make some constructive comment.
Oh and please explain the insto interest (and holdings) while you are at it.
Not being defensive on NDO, is it to much to ask that some one do their homework before making uninformed comment, considering it now owes me about 2.5c on a fair swag I aint complaining, I aint selling and I am buying more on the rise.
To say there is lots of work to be done would not be unfair comment, its who's doing that work and what on that makes NDO stand out imho.
Management and assets are the keys to future prosperity in this end of the market, evn that sometimes is not enough but buying on ramps & rumours is a mugs game, been there done that, made nothing.
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1 | 1120 | 0.830 |
1 | 330 | 0.820 |
1 | 12269 | 0.815 |
3 | 37951 | 0.810 |
Price($) | Vol. | No. |
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0.850 | 5051 | 1 |
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