who dares wins, page-3

Hi guys
A couple of comments from an outside observer.
The issue on this thread has been a heavy reliance on the technical merits of this project and supporting commentary by P1000 without much consideration on the financial health of NDO and what would happen if it was a duster. p1000 may be knowledgeable, but so is every petroleum engineer that works for every listed O& G stock and many a masters at wealth destruction. I don't blame P1000 but I think people need to distinguish between knowledge of the industry and what is a good risk reward investment is. I have seen many times where Someone more knowledgeable lulls people into a false sense of security and takes the focus away from what should be the true decision to invest and hold which should be a risked value decision overlaid with future viability of key project failure. Again not blaming P1000 but simply stating the danger of over reliance on one part of the Inv decision, technical knowledge, which in my view should form no more than 30 percent of the Inv decision.