Or thereabouts. You don't spend years derisking an elephant to give away more than necassary equity.
Big oil are on the hunt. Oil price is predicted to go north. Reserve replacement is crucial business for Majors. 11 Billion Barrel Potential in NDO acreage. 1 Billion Barrel Potential in Gindara. NDO hold the key. Oil in ground will get solid capital gains. As long as T1 gets a good flow on NDO should be well placed to defend give aways. IMO
ndo's "big palawan prospect", page-11
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Mkt cap ! $182.4M | |||
| Open | High | Low | Value | Volume |
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