vuggy porosity yakal and tindalo, page-11

They aren't going to waste time and money testing the wells, they will first go back and look at the preliminary information gained from the wells, and compare it to pre drill expectations. Look at the oil trap area, and revisit the sisemics. These fields are more than likely very small.

I can understand the share price fall now compared to other oil companies. Company is targeting small fields which more than likely in the current oil price would prove uneconomic. However when the drill plan was planned oil was hitting new highs. Thats bad luck. Production was delayed for months. An extensive forward drilling plan hasn't been released yet, only one target end of next yr. Only been a holder for a little while, and the more i read and research about ndo, the more puzzling management decisions seem. Yakal and tindalo would have fooled a lot of people in a bull market, as people only would look at the oil column, and the shares would have got a massive boost, but in this climate no, people research more.