NDO 1.78% 83.0¢ nido education limited

galoc testing delayed

  1. opt
    193 Posts.
    Looks like some mechanical problems are delaying the production testing of the Galoc wells.

    Anyone have an opinion on what a good result will do to the SP? On the one hand it should confirm to the market that oil is there and producible, but on the other hand maybe everything is factored into the SP. I'm thinking that the poor liquidity and the mythical big seller could keep the SP flat.

    Regards,

    OPT
 
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