NDO 0.00% 88.0¢ nido education limited

sc 63, page-25

  1. 8,938 Posts.
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    Obviously know your stuff 62 and I too wonder why your in here , other than you are locked in through a high average or do see some potential.In any cas that's your affair.Theres no doubt it's crunch time, and with Galoc expiring in 2018 the market wants to see something else from NDO. The only way forward for them to get a decent drilling campaign under way is through JVP's. This was highlighted time and time again at the AGM this year. I'm sure Phil has been working on this very hard and some announcements on that front could come from left field while everyone awaits other news. SC63 could well be included in some of these discussions. When quizzed further on farmouts Phil said he'd had a lot of experience in this field and had found that to go to the bigger guy's with propositons you had to have all your i's dotted and t's crossed. I assume this to translate also to time and how long it took.He certainly knows the way forward but wether any of this can be achieved is the 64 million dollar question and only time will tell. You do have to wonder about that Total article though and ponder a Viking deal with a few farmouts to boot!
 
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