expect 50mmcf per day in june, page-9

Hi Barry Crocker,

Agree with your view.

Looking at peers,

NEN is producing 550 bbl per day, has huge prespect in Vianam 2 billion bbls, NEN (15%-50%) MC $232 million.

HOG producing 6 MMcf gas per day, looks like nothing else, MC 55 million >NDO.

WHN has 2D seisimic results--3 billion bbls in place (WHN 30% possible) No production MC> NDO

CVN producing 1100bbls per day, MC > NDO

AMU producing half of NDO's profuction (with huge debt), MC> NDO

If you ask me to find another stock producing 1600 bbl per day, but MC under $45 million with no cash, sorry I cannot find it from ASX.

If you ask me to find another stock: producing 1600 bbl per day, with $20 million cash on hand, MC under $45 million, sorry I can not find in this world!