Really? On my analysis if NDO hadn't deferred the big expensive wells they would have been at risk of insolvency about now- almost certainly given the 9% Phase II overrun. I think that deferring them and the contingent well while keeping the news flow alive by getting into a relatively cheap and low risk suite of PSCs in Indo to plug the hole in the exploration pipeline was a fairly astute move.
IMHO.
letter of intent - sc63, page-5
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Last
88.0¢ |
Change
0.050(6.02%) |
Mkt cap ! $200.7M | |||
| Open | High | Low | Value | Volume |
| 83.0¢ | 88.0¢ | 83.0¢ | $2.385K | 2.711K |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 2 | 45839 | 83.0¢ |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| 88.0¢ | 7297 | 2 |
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| Last trade - 11.29am 23/08/2024 (20 minute delay) ? |
| NDO (ASX) Chart |