be positive , page-12

lets get some discussion going on what gindara might be worth if successful, we can complain all we like about what has happened or what hasn't but whats done is done, i've got my eye on he main prize, its always been about the LT goals of this company, agree if gindara is a winner then past problems will be quickly forgotten in my view.

From my understanding we are looking at min 600mil boo up to 1bil, @ 33% and at a recovery of 40% we could be looking at 80mi - 130mil boo worth something like 6billion - 10billion (using $75boo). I read somewhere that you give a $10 price tag to each barrel so we are looking at $600mil - 1billion value to NDO on success. that would be worth about 48c - 85c per share.

Now I'm not sure if this is how you come to a possible valuation but even half that would be well worth the risk/reward IMO.

Happy to hear from some of our experienced posters on what Gindara might be worth

If we get it right which I think we will with Shell onboard then you don't have to look far to get excited about the next elephant they will drill which could be 3x size of Gindara

I hold for the LT

giddy up