Sid,
Projected cash burn is higher than normal due to Galoc phase 2 development...
I agree with you in regards to Viking being a waste of time...
Even if this CR is sends the sp in the lows 2's its not all doom and gloom for holders as you make it out to be in your previous post..If price of OIL remains at these current levels or higher and lets assume this CR is to drill Galoc north. The second half of 2013 should see good revenue stream for NDO and hopefully a change of fortune for its holders too..
I only have fun in the sub 2's if NDO offers a trade as I know the SI's will pump the sp at some point...
Best of luck
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1 | 62111 | 0.805 |
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