no doubt more speculative money will enter but some of the numbers seemingly trown about here seem more hyperbole than fact. We know Nido can find oil they arnt quite so good at producing oil. Before the SP is $1 they will have to find oil in the first place and alot of it and test no doubt. People Here are forgetting the 43% pos is of finding Hc's its not of finding a billion barrels of oil. Pleanty of holders bought above these levels just as people will be scambling to get on im sure many people will scamble to get off if it does start shooting upwards. No doubt the company will ramp up the pr machine and brokers will start playing with nido but with so many share on issue you really do hope for holders sake they find oil otherwise this will be a hot potato and will go down very fast very quick. Look beyond gindara how will they finance exploration going forward they need gindara to hit commercial hc's or else this is going to be a many billion of shares company.Will be interested what true believers reaction is once the "big hit" TD is reached.
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- excellent summary
excellent summary, page-4
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Price($) | Vol. | No. |
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1.050 | 115000 | 2 |
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