NDO 0.00% 92.0¢ nido education limited

no news is bad news, page-6

  1. 138 Posts.
    Seriously people what is all the panic about here and talk of nightmares etc etc.

    1. Tindalo operating costs are $250K per day which INCLUDES the rig, Tove Knutsen FSO etc etc etc
    2. The capex budget was $20M, which none of us know the breakup of apart from the offtake hose being around $1m etc and some other bits and pieces, but lets say the equipment is $10m and $10m then for daily hire whilst well is completed to production. This equates to 40 days!!!

    All I am saying is who here has any real facts and basis for hitting the panic stations after 19 days ??? How do we know exactly how many days completion were allowed for in the $20M budget????

    Food for thought.

    Cheers.
 
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