re: Ann: Nido Secures Dragon Oil as Farmin Pa... 62strat,
I think the 20 - 25% target was not meant specifically to SC63, rather a general statement on their strategy to have a WI roughly in that range for exploration permits across the board.
With the Stage two of the SC63 farmout, Phil mentions that both Dragon and Nido would acquire 10% from PNOC. If this was to eventuate, then we have a JV:
- 60% Dragon
- 30% PNOC
- 20% Nido
I would see that as more likely. I doubt Nido would risk of upsetting the ongoing farmout process. Not at last, if there was a change, then blessing of DoE again would be required.
Hope is that Stage 2 of the process is going to happen! My opinion anyway.
- Forums
- ASX - By Stock
- NDO
- Ann: Nido Secures Dragon Oil as Farmin Partner to
Ann: Nido Secures Dragon Oil as Farmin Partner to, page-25
-
- There are more pages in this discussion • 11 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Add NDO (ASX) to my watchlist
|
|||||
Last
88.0¢ |
Change
0.000(0.00%) |
Mkt cap ! $200.7M |
Open | High | Low | Value | Volume |
88.0¢ | 88.0¢ | 88.0¢ | $4 | 4 |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 87.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
88.0¢ | 22388 | 2 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
1 | 2 | 0.875 |
1 | 1 | 0.870 |
1 | 55739 | 0.850 |
1 | 4000 | 0.810 |
1 | 62111 | 0.805 |
Price($) | Vol. | No. |
---|---|---|
0.880 | 22388 | 2 |
0.900 | 20000 | 1 |
0.970 | 19999 | 2 |
1.050 | 115000 | 2 |
1.090 | 50989 | 2 |
Last trade - 10.06am 29/07/2024 (20 minute delay) ? |
Featured News
NDO (ASX) Chart |