galoc phase #2 vs tindalo, page-13

Hi all, I have held NDO for 2 yrs but recently sold .Looking to reenter.
Just some thoughts re this latest announcement.

Unfortunately it comes across as a bit of a desperate plea to share holders not to sell their shares..
We can all see the enormous upside if they can do it..but luck or expertise does not seem to be on their side.
Flip side this ...and the Philippino Govt does not want them to fail..
but
they do not have the cash to go it alone...
and
a capital raising would dilute our shares even further

So What to do ? What to do ?
I can just imagine them sitting around the board table
Should we take that lowball T/O offer ?
We dont want to and the PDOE does not want us to...

Surely their last chance is to get Tindaloo producing more efficiently..even if they do have to drill a new well.
That sures up their income.

Now what do I do ?
Buy now incase of of T/O
or
wait till they announce new well to be drilled at Tindaloo and see which way sp goes ?
Dont you just love the Share market !

Anyway, Now I have sold the SP will almost certainly go up!
Good Luck
Gisy