NDO 4.12% 88.5¢ nido education limited

arttse, page-4

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    re: billy gatess What is happening is that Chinese offsrore exploration companies have been contracted to run seismic over the area, this has usually been the domain of large western exploration companies such as CGG, Western Geco, TLL ect but the Chinese have become more and more competative in this side of the business with more land seismic and marine seismic crews getting into this business from China, it is purely a cost to Nido and it seems they feel the Chinese seismic vessels offer a cheaper deal
 
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