biggest - I think the Galoc asset is the key. I wish I was a fly on the wall (assuming I don't get swatted!).
As far as the new staff go I reviewed the quarterly report from 31st January and it states on page 4 under the "Corporate" heading...
"Nido has now added 4 new technical staff which fills its compliment for 2005". So likely the announcement last week was just these 4 people but now we know a bit about them?
If you go back and read the quarterly then there is other work to be done so it might not necessairily mean these 4 appointments mean that Nido is going to be the operator for Galoc - then again it might - I don't know.
However, if Galoc can get off the ground and provide $$$ then maybe in the future such a team along with these $$$$ might mean that Nido can be a farminee (operator) with the new technology to other minnows with marginal gas fields if it proves successful (is that part of their longer term plan)? Getting a bit ahead of ourselves there... lets just see if they can get the Galoc asset advanced to the next stage - that is an achievment itself and I'm waiting...waiting...waiting...
please god give me patience - right now!!!
NDO Price at posting:
0.0¢ Sentiment: None Disclosure: Not Held
